NIFTY50 - READY FOR A CORRECTION ?
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.
Dagangan aktif:
Warned longs at 22754
250 points down in just two days from there.
250 points down in just two days from there.
Dagangan aktif:
CMP 22320
434 points down straight from my mentioned level!
434 points down straight from my mentioned level!
Dagangan ditutup: sasaran tercapai:
NIFTY opened at 22125 & Nifty CMP 22110
645 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.
645 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.