Free Stock market / Nifty intraday tips

Breakdown strategy for Nifty scenario

Statement (1): As per “No trading activities“, the price is not going to cross above the Control Price which drew by blue color.

Statement (2): Presently, Nifty is again going to high volatile as show by Remarkable box.

Statement (3): From the TimeCycle, approximately move projected by (A),(B) and (C).

As per channel, the main support is 10525 below where investors think for the long side. The price can consolidate between 11300 and 10600 range for 2-3months. Breaking this range will create a new spike.

Resistance 10925 for targets 10765-10622 if trade below 10950

Intraday TRADE for NIFTY SEPT. Future and VEDL future

Previous ArticleNext Article
Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

Click here to get premium stock market tips by Mr.Guru.

Subscribe to get daily FREE Stock markets / nifty tips
Send email to Mr.Guru: [email protected].

3 Comments

Write a Comment

Comment Policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted. Your email address will not be published. Required fields are marked *

Send this to a friend