Nifty is weak and bull trap is done , it is short term target.
NIFTY IT TOP Coming very soon near 38422 . it will lead Nifty 50 as well to another down fall. Beware and start making little short positions. Please consult your financial Advisor before any psoition and manage your risk accordingly. Note : This suggestion is data backed by Stock Data Science .
Nifty IT is overhyped and euphoric , as it was there in Nifty . Short Infy as it is one of the leader of IT sector after TCS .This will play role in falling of Nifty IT. Note : This suggestion is Data Backed from Stock Data Science . You can take positions after consulting your Financial Advisor . Please manage your risk accordingly.
Can't say much , but market works in cycles and according to my 12 years of trading with Data science as an edge in the financial markets . I am saying " SELL AND RUN AWAY " . It always happens with new batch of people they buy equities and nifty at any level in the market and they get trapped . These people block their capital for atleast 2 to 3 yrs . (LOSS BOOK...
Nifty made its absolute Top. You can buy monthly puts of September and October at cheapest prices premiums can go from 3x to 5x in next 2 months . Agressive selling coming from tommorow. Upside limited Downside unlimited . Ankit Tyagi - Stock Data Science
Nifty is flowing in the channel pattern and performing a Bull trap Now . Resistance is around 17100 of the upper channel trendline but 17000 is a psycological barrier . By september second week it can panic fall 500 points easliy . Kepp shorting :)
Nifty Seems to respect Megaphone Pattern and it will be slight bullist till the resistance area above . The move will be slow hence it can be used as slightly bullish view. Above the target levels there is still a stiff resistance so we can't be heavily Biased bull . Option writing of Puts can be done in this view point and Option Buying of Calls should be avoided...
Nifty is struggling to touch the upper trend line of the channel in which it is currently present. Loss of momentum and divergence confirms our view that Nifty Future will panic fall from 16655. -Stock Data Science
Nifty is struggling to touch the upper trend line of the channel in which it is currently present. Loss of momentum and divergence confirms our view that Nifty Future will panic fall from 16655. -Stock Data Science