As disclosed earlier, I am not having any trading position in nifty as of now... This is the best time for visualization of probable hypothesis.
Case A: Bullish medium term Imagining index wants to be bullish medium term, I have shown a probable path, Nifty 50 will have in coming days based on structural understanding suggested by facts and data available as on date with me
Case B: Bearish medium term Presently I do not have the facts and data to imagine that path. As on when I will have will consider that case...
Personally, I must say this is just the imaginative path based on structure based on facts and data, I may not be exact and accurate as future few days new data will be added and that will also have its say... But still, imagining a path while not trading will also help me to certain extent.
코멘트
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I guess index followed same path, we have imagined....
코멘트
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Case 1: nifty crossing 12030 will complete a blow off.... which will give buy on deeps for medium term
Case 2: Nifty without crossing 12030 starts breaking supports, may give some kind of alarm of bearishness in medium term.
This opinion is based on my structural understanding based on facts and data till yesterday.
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I have developed 1/3 rd of my capital short hedged positions in Nifty... its premature so only use 1/3 rd of capital
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mostly
Case 2: Nifty without crossing 12030 starts breaking supports, may give some kind of alarm of bearishness in medium term.
What is the medium target with this momentum..thanks
AMGO_Markets
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@RadhakrishnanVellingiri, presently I am lookin at 11905 to 11452 as, my range to work with.... so once range is broken in either direction we will have next targets.... presently its just too early to say that it will definitely go down or up. but as the days will progress we will get some more clues....