According to me the current trend of nifty is now range bound.The up side range is 22800 and down side range is 21700,trend will change after break those level.If nifty able to break 22800 then trend will shift to uptrend and after break the 21700 it will shift to down trend.
Now Nifty’s major resistance is 22775 and major support is 22460,if nifty able to cross and hold the price above 22775 then I am expecting nifty around 23100.
I think Nifty finally make a mode to change in trend, once again Index could meet the level 21500.If nifty able to maintain below the said level then supply will come into the market other wise again nifty bend the trend around that level. Watch for change in trend for this month around 4th,6th,(9th to […]
Well Nifty made a top around my given date on 11th March 2024 and a sharp fall happened into the market, and the bearish Wolfe Wave get confirmed by price action. The bearish Wolfe Wave is a rare happening price pattern. I will be very cautious to take my trading decision while I go for […]
Till now we are in a up trend and finally Nifty able to close and trade above 22441,it’s a very good signal for bull trader. Now nifty’s support between 22295 to 22220,trading strategy will be buy on dips. Watch for change in trend for this month around 4th,6th,(9th to 10th),(17th to 19th),21st,24th and 28th March […]
