Bulls attack!!!

Hi Friends,

The last post said nifty is likely to see a downward journey till 8420 - 8360, which was achieved on 28th Jul thanks to global and domestic news.

Now what, looks like Nifty has taken support of 8360 - 8310 levels. Hammer on hourly charts + RSI Divergence indicating weakness in the down trend.

 A decisively break above 8440-8450  will lead nifty to 8570 - 8640 levels.

 

Will be posting soon. Stay blessed.

Thanks.

Bears started attacking!!!

Hi Friends,

As expected, Nifty down by 70pts 8520, Sustain below 8500 - 8490, might see a fall of another 100-200 points (8420-8360)

On hourly charts Super Trend + Bollinger Bands gave weak signal indicating a move towards south & on double confirmation on Daily Charts where RSI gave Negative Divergence.

Will be posting soon. Stay blessed.

Thanks.

Bulls watch out!!!

Hi friends,

After a rally of 300 points on Nifty (8315-8640), Bulls are likely to take rest & bears might be aggressive, which will lead Nifty to touch 8480 - 8420 below 8400 it may touch 8360 - 8320 levels.

On hourly charts Super Trend + Bollinger Bands gave weak signal indicating a move towards south & on double confirmation on Daily Charts where RSI gave Negative Divergence.

Bulls watch out and ready for a down tick. Bears will be aggressive if Nifty able to sustain below 8520 - 8500 levels.

Will be posting soon. Stay blessed.

Thanks.

Traders relaxing before weekend..

Hey friends,

After a north word journey from 8350-8640(+3.5%) , Nifty closed with marginal gains,

8650 - 8710 levels to watch out and if it sustains above 8710 then 8830-8850 can been seen on the cards, However 8590 - 8580 been a crucial levels.

Will be posting soon. Stay blessed.

Thanks.