Trin : 4.99 indicate bearishness.
Indian VIX : Increase to 7.19% indicates bearishness.
Whatever the opening, first half would be the depressing movement of the NIFTY.
Downtrend : If Nifty sustain below 4837 then first target may be 4810 and next would be 4775. After fall, if sustain above 4805 then long can be at 4815 with stop 4805
Uptrend : If Nifty sustain above 4852 then first target may be 4875 and next would be 4910. After rise If Nifty is unable to hold itself above 4885 then short can be initiated 4875 with stop 4885.
Nifty will keep its bullish sentiment above 4800.
No comments:
Post a Comment