CompoundingGain

$nifty50- ath circa Valentine's?

Long
NSE:NIFTY   Nifty 50 Index
21593 should have a lot of liquidty below it to send us back up

21969ish is where we likely get hammered down again

reclaim that to have odds in our favour

either way on ltf this looks like we gap up in the morning then would love it if we closed near to the range low 21593 just to make people sweat over the weekend



that would flip sentiment bearish and set us up for a major squeeze out of this zone on Monday





Comment:

getting bearish anon??
Comment:
ok so what i am looking for is gap up monday down till tuesday then new ath by wednesday

not sure if it plays out like that but downside is limitied and HDFC has not woken up yet along wtih billions flowing into India be it switzerland and the nordic countries or MBS

long till end of April shall reassess then , rates are gonna get cut so guess what happens then

Comment:

no bueno if we close below here still of the opinion we run it back just folks rebalancing their bags imho
Comment:

close above 21813 would be lovely and set us up for ath send on Wed
Comment:

hdfc bank at pico bottom let that move tom and this should gap up with a slim chance of ath attempt .. meh keep thinking index's are iike crypto need lil more patience .

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