My view on Nifty - Short Term until April 2019

٢٩ مارس ٢٠١٩

Looking to short at current levels.. .SL last High

Respecting Channel

٢ أبريل ٢٠١٩

ملاحظة

Brace - Any time now...
Strict Stop Loss

٣ أبريل ٢٠١٩

تم فتح الصفقة

Short open - SL as above.. i.e. Last high

٧ أبريل ٢٠١٩

ملاحظة

Nifty remained flat for this week.

The situation is like glass half full of water - you will call it half full or half empty?
While it failed to make a new high, on a weekly basis, the bias is neutral to positive.
Looking at Global Indices, things look OK for NIFTY for the moment.
However, looking at the daily chart, to make a new high, it will have to break last weeks top of 11760.

٨ أبريل ٢٠١٩

ملاحظة

Bearish formation on Daily candle.