Right now Indian Index moving by sideways,upside range is 17430 and downside range is 16740.I will not trade in Nifty until broke the range either side.
Till now nifty is not able to break 17430 and we are moving by down trend.If nifty close below 17950 then we may see more down side.16740 is now strong support for nifty.Sell on rise will my trading strategy until broke the level 17430.
Well nifty took resistance around given level 17430 and fall slightly.As of now Nifty’s major and minor trend both are down trend so avoid long trade into the market and try to find sell trade on higher price until and unless broke the level 17430. Pressure dates for this month are 1st,7th,11th,(17th to 18th),(20th to […]
Yes pull back rally started by the market,this rally may end soon and I will try to find sell trade on nifty and Nifty Financial,Niftybank and Nifty Auto stocks,those are really harmonic with nifty.This rally may continue up to the level around 17430-17650. Pressure dates for this month are 1st,7th,11th,(17th to 18th),(20th to 22nd) and […]
I think nifty preparing for pullback rally,those are already long by Nifty try to exit from long position and wait for the selling opportunity because short term major trend is now down.If Nifty able to hold recent low as of now then we may see a upside rally by next few days.Next major support around […]
