NIFTY - Range getting tighter... T-2 days?
Came down as expected from the 9700 looks to be key here .
200 day acted as resistance and Nifty came back down to refuel and try smash its way up through 9888 where the 50 day is on the 30 mintute , however this zone needs some serious volume to smash its way through since am expecting 10300 and 10500 to be easy if the whales wake up from their weekend hangover and pump this.
Lets see what tomorrow brings as for now range gotten tighter looks like we may not get a touch of the uptrend line below, since on friday 9579 got bought back up quite well.
On the daily the 50 day is moving up with a steep incline to cross the 99 and 200 day so , hang on there and wait for the explosion .
Still expect a blow off top so i recon we are just getting started here for the euphoria phase ..lets close today around where we opened, Ta!
200 day acted as resistance and Nifty came back down to refuel and try smash its way up through 9888 where the 50 day is on the 30 mintute , however this zone needs some serious volume to smash its way through since am expecting 10300 and 10500 to be easy if the whales wake up from their weekend hangover and pump this.
Lets see what tomorrow brings as for now range gotten tighter looks like we may not get a touch of the uptrend line below, since on friday 9579 got bought back up quite well.
On the daily the 50 day is moving up with a steep incline to cross the 99 and 200 day so , hang on there and wait for the explosion .
Still expect a blow off top so i recon we are just getting started here for the euphoria phase ..lets close today around where we opened, Ta!
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