IT MAY TAKE SUPPORT ON MIDDLE TRENDLINE AND BOUNCE OFF THIS TARGET FOR LONG GIVEN BUT MOST PROBABLY IT SHOULD COME DOWN ONCE MIDDLE TRENDLINE IS BROKEN ON CLOSING BASIS TARGETS FOR SHORTS ARE GIVEN NOTE: FOR EDUCATION ONLY
What is your view of NF and BNF.....BNF is strong......any chance both making new highs !
ajay7755
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Can u given numbers on nifty with SL for buy/sell ideas....
UnknownUnicorn2321966
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@ajay7755, hi i can not suggest you anything risk is all yours i have already mentioned everything though first target for shorts is approx 11709 and second target is 11479 approx but first trendline (middle line) should be broken on closing basis as it might take support on this trendline if it takes support on trendline long target is 12047 REMEMBER:MR. TRUMP HAS AGREED NOT TO DO AWAY WITH TARIFFS AGAIN :) MARKET HAS TO BE BEARISH ACCORDING TO ME ITS MY PERSONAL OPINION GOODLUCK
note: trade at your own risk i am not advising anything
ajay7755
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@TUSHARINTRINSIC, What is the middle line of the trendline .....do u think nifty shall open negative......thanks and regards
UnknownUnicorn2321966
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@ajay7755, LINE WHICH IS IN MIDDLE RED ONE CANDLES HAVE BOUNCED BACK FROM THIS LINE AT 11008 AND 11503 LEVELS SEE THIS IS CALLED TRENDLINE WORKS AS SUPPORT IT SHOULD OPEN NEGATIVE IT SHOULD REACT TO US-CHINA WAR :)
UnknownUnicorn2321966
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@TUSHARINTRINSIC, 11858 APPROX LEVEL MIGHT ACT AS SUPPORT BECAUSE CANDLE WILL TOUCH TRENDLINE ON THIS LEVEL AND MAY BOUNCE BACK AGAIN TO UPPER LEVEL WE HAVE WATCH OUT FOR THIS BEFORE GOING SHORT
ajay7755
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@TUSHARINTRINSIC, Do you think nifty new high shall be made this month !
UnknownUnicorn2321966
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@ajay7755, what will make it go to new highs? there must be a reason for everything if some big government booster or any positive news comes it will