NIFTY50 - READY FOR A CORRECTION ?

4월 9일

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.

4월 13일

액티브 트레이드

Warned longs at 22754

250 points down in just two days from there.

4월 15일

액티브 트레이드

CMP 22320

434 points down straight from my mentioned level!

4월 16일

거래청산: 타겟 닿음

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.