15:30 IST Wrap-up of the day, as against our target of 30-40 points profit NIFTY managed to goup only 25 points after our entry (5475) then came down and finally closed at 5482. Overall, OK day only!!!
15:15 IST Oops.... as against out target of 30-40 points, price went up only 25 points and showing signs of coming down, hence let us book our profit here with 15-20 points profit.
14:55 IST as we wanted NIFTY stayed above 5450 by 2:30PM IST, so buy NIFTY Futures at 5475 now (14:55 IST) for a possible 30 - 40 points profit today beore the market close a Stop Loss is must at 5450.
13:30 IST : NIFTY after a drop of over 2% as predicted below, now at 1:30PM trying an attempt to recover as shown in the following chart. If NIFTY can survuve 5450 level by 2:30PM the recovery will be significant towards 5500 level. Or else fall towards 4350 cannot be ruled out.
10 AM IST : As posted below NIFTY at the moment down nearly 2% today. Stay tuned for updates.........
Learn Fibonnacci Technical Analysis
Nifty looks like formed a double top at around 5600 levels and also failed to cross and close above 32.8 retracement. This signal a bearish sentiment in the market.
15:15 IST Oops.... as against out target of 30-40 points, price went up only 25 points and showing signs of coming down, hence let us book our profit here with 15-20 points profit.
14:55 IST as we wanted NIFTY stayed above 5450 by 2:30PM IST, so buy NIFTY Futures at 5475 now (14:55 IST) for a possible 30 - 40 points profit today beore the market close a Stop Loss is must at 5450.
13:30 IST : NIFTY after a drop of over 2% as predicted below, now at 1:30PM trying an attempt to recover as shown in the following chart. If NIFTY can survuve 5450 level by 2:30PM the recovery will be significant towards 5500 level. Or else fall towards 4350 cannot be ruled out.
10 AM IST : As posted below NIFTY at the moment down nearly 2% today. Stay tuned for updates.........
Learn Fibonnacci Technical Analysis
Nifty looks like formed a double top at around 5600 levels and also failed to cross and close above 32.8 retracement. This signal a bearish sentiment in the market.
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