NIFTY50 - READY FOR A CORRECTION ?
تم تحديثه
NIFTY50 CMP - 22754
Although NIFTY50 is trading at its ATH & making new ATH everyday but NIFTY50 is looking lil tired.
Crude at $90, High bond yields, Bullion at ATH, Weak global sentiment & Weak US markets - nothing looks in favor of bulls.
It would be interesting to see if bulls keep on buying & take NIFTY50 to 23k or is it time to be cautious and book longs & create some shorts.
Although NIFTY50 is trading at its ATH & making new ATH everyday but NIFTY50 is looking lil tired.
Crude at $90, High bond yields, Bullion at ATH, Weak global sentiment & Weak US markets - nothing looks in favor of bulls.
It would be interesting to see if bulls keep on buying & take NIFTY50 to 23k or is it time to be cautious and book longs & create some shorts.
تم فتح الصفقة
Warned longs at 22754250 points down in just two days from there.
تم فتح الصفقة
CMP 22320434 points down straight from my mentioned level!
أغلقت الصفقة: تم الوصول للهدف
NIFTY opened at 22125 & Nifty CMP 22110645 points down straight from my mentioned level 22754 in just 3-4 days.
22000-22150 is a strong support zone for Nifty. These levels may not break easily so I think it's good time to look for buying opportunities in stocks with good fundamentals.
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