[sws_blockquote_endquote align=”left” cite=”” quotestyle=”style02″]At times it’s very challenging to move on, but at one time you move, you’ll understand, it was the Best choice. You’ve Ever Made. [/sws_blockquote_endquote]
BULLS ARE RESTORING THE LEAD FOR NSE NIFTY FUTURE
A unexpected improvement of key geopolitical risk, good numbers from China and the belief of a light tapering have switched on risk appetite, weakness in dollar uv rupees.
I was planning on a larger bounce within the scenario of Zig Zag seen in chart, in other words I was deciding on}the up leg off the as mentioned in chart… just look toward the chart and gap..
[list style=”circle”][list_item]Price managed to close above crucial moving averages.[/list_item][list_item]On the chart shows a potential resistance line which set up 6030[/list_item][list_item]In the coming days, short sellers will create good position on short side[/list_item][list_item]200-300 Points of short fall expected only, therefore don’t create overload position on short side.[/list_item][list_item]Market is still good for up move, just expected short term fall…[/list_item][/list]
MORE DETAIL FOR SUBSCRIBERS ONLY,…
Please log in to read the entire text. Only premium subscribers can read the full article. If you don’t have a login yet, please subscribe now to get access.
Remember: Trends never reverse quickly but tops are very defined. Reversals take time to build and result in specific patterns. The first big drop almost always finds buyers and the first spike almost always finds sellers.
[sws_blockquote_endquote align=”” cite=”” quotestyle=”style02″] More than anything else, what differentiates people who live up to their potential from those who don’t is a willingness to look at themselves and others objectively. – Ray Dalio [/sws_blockquote_endquote]
Yesterday Nifty closed up 106.65 points at 5448.10 while Nifty futures closed at 5458.05, premium of 9.95 points. FIIs bought in Cash, net buy 172.53 Crore while DIIs sold in Cash, net sell 222.36 Crore. FIIs bought in Index future, Stock future but sold in Index Option, net buy 780.65 Crore..!!!
[sws_blockquote_endquote align=”” cite=”” quotestyle=”style02″] My experience indicates that most people who’ve accumulated a great deal of wealth haven’t had that as their goal at all. Wealth is only a by-product, not the original motivation. – Michael Milken [/sws_blockquote_endquote]
Nifty closed up 78.95 points at 5550.75 while Nifty future closed at 5554.60, premium of 3.85 points. FIIs bought in Cash, net buy 475.92 Crore while DIIs sold in Cash, net sell 285.81 Crore. FIIs bought in Stock future, Index future but sold in Index future, net buy 996.42 Crore..!!!
Yesterday we told…!
Yes noon we updated weekly chart showing fresh position for bull’s.
We said 5535 is the point to be watch out very care fully if it crosses conformation for bullish trend.
What for Today…?
Today Nifty Future strongly favoure bull to gain.
Nifty will possibly check the 5600 if the movement remain same