Hi All,
As per yesterday's update, bears could not break,what looks like a rock solid bottom of 9580, and bulls came to rescue with a Hammer like bullish candle on Daily chart.
The Bias can even turn bullish only if Nifty surpassed 9630-40 levels with targets of all time high near 9700 levels and it can become bearish below the said level of 9580....
Advisable to trade with strict and tiny stop losses with proper money management
Cheers
Hrishi
As per yesterday's update, bears could not break,what looks like a rock solid bottom of 9580, and bulls came to rescue with a Hammer like bullish candle on Daily chart.
The Bias can even turn bullish only if Nifty surpassed 9630-40 levels with targets of all time high near 9700 levels and it can become bearish below the said level of 9580....
Advisable to trade with strict and tiny stop losses with proper money management
Cheers
Hrishi
2 comments:
I thinnk it will break today 9580 aroon tool is also indicating sir
Bull ko mana lenge ;)
Hhhmmmm. looks like... But bearish view only when Nifty sustains below 9580 for a while atleast....
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