#NIFTY - & #BANKNIFTY -
Nifty almost kissed 15158 Which was our Sup at 15150 & on chart hanging man Shown That clearly suggest Some bounce Can be there up to 15521-550 Or even 15650 to 15699 Possible This is A Bounce If this Bounce Cross & close above 15550 then this is a first indicator of correction can be over time being & another close above 15740 that clearly indicate mkt will be over & out from correction ( but closing should be consecative basic & weekly also happen above that then it will be sure short cross 15940-975 or may be 16253 also above 15975
but consecutive closing below 15521-496 & weekly close below 15421 that will be called weakness , last day first time nifty close below 15421 & today kissed 15158 almost that called some bounce before falling can be there , next 2 days means up to Wednesday nifty did not break 15150 & closing above 15550 that called almost we done for time beaing , global event almost done & discounted only now CRUDE now remaing , & india now taking action against CRUDE like by Ethanol & EV segments & solar Means we have in comming days there is no issue from crude only time will take place
after CRUDE only USDINR is another point , but usdinr is relited about global money IF our mkt resume trend then again FII & global inflow can start then USDINR can be set for fall then RUPEE will be strength
Educational purpose only
Nifty almost kissed 15158 Which was our Sup at 15150 & on chart hanging man Shown That clearly suggest Some bounce Can be there up to 15521-550 Or even 15650 to 15699 Possible This is A Bounce If this Bounce Cross & close above 15550 then this is a first indicator of correction can be over time being & another close above 15740 that clearly indicate mkt will be over & out from correction ( but closing should be consecative basic & weekly also happen above that then it will be sure short cross 15940-975 or may be 16253 also above 15975
but consecutive closing below 15521-496 & weekly close below 15421 that will be called weakness , last day first time nifty close below 15421 & today kissed 15158 almost that called some bounce before falling can be there , next 2 days means up to Wednesday nifty did not break 15150 & closing above 15550 that called almost we done for time beaing , global event almost done & discounted only now CRUDE now remaing , & india now taking action against CRUDE like by Ethanol & EV segments & solar Means we have in comming days there is no issue from crude only time will take place
after CRUDE only USDINR is another point , but usdinr is relited about global money IF our mkt resume trend then again FII & global inflow can start then USDINR can be set for fall then RUPEE will be strength
Educational purpose only