Tue 28 Nov 2017 Nifty View
If you check my posts in past 3 sessions, we have booked 117.5 points in Nifty and currently holding long from 10392 NS and this too is in green.
BankNifty has given a breakout above its falling wedge, and Nifty currently still is inside the rising wedge, but shall catch up.
Today SGX Nifty is slightly negative – down 19 points, but Nifty and BankNifty will start moving up again within first 10-15 minutes. Current bullish short wave might end only in the second half.
Just as a recap, markets are up till 5-6 Dec. And stop-loss is 10290 NS and for BN its 25590.
BankNifty has given a breakout above its falling wedge, and Nifty currently still is inside the rising wedge, but shall catch up.
Today SGX Nifty is slightly negative – down 19 points, but Nifty and BankNifty will start moving up again within first 10-15 minutes. Current bullish short wave might end only in the second half.
Just as a recap, markets are up till 5-6 Dec. And stop-loss is 10290 NS and for BN its 25590.
Nota
One final upward push till 13:15 around, and this SW will end there.Nota
ST traders shall exit here at marginal profit of 6 points. Do not short. Nifty and BN in a sideways fashion will retrace this upmove since yesterday. Will go long again later.Nota
Though it started from 13:42 instead of 13:15, notice the sharp fall. Now it will end tomorrow only. MT traders cam carry forward.Nota
Please hit like if you appreciate consistently accurate analysis, thanks!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.