Free Stock market / Nifty intraday tips

Where is U-trun for NIFTY?

Nifty walk as per our projected chart steps:

first update

second update

third update

Expecting tail our of channel area (out of Value High). The range of this area is between 11635-11700 for U-turn.

Therefore, a trader who is buying need to be careful.

If tail is found at the top of the value high, we will create a short position, otherwise not. As per this statement, the message for short seller is keep patience and trade with stoploss.

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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.

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