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Phoenix085
Jun 30, 2020 4:45 PM

Nifty Coming Soon - JUL 2020 Long

Nifty 50 IndexNSE

Description

I feel the market would be range bound between 10250 - 10550...

Once that level is breached there will be a very Sharp RALLY.... Why I Feel it would rally even i cant put in words its my GUT and INTUITION....

But i feel Nifty should test 10800 atleast before End of JULY 2020....

Trade closed: target reached

Coming days is a no trade zone as we need to wait for confirmation to decide on the direction.
I believe not trading is also a strategy at this point, but going by the general sentiment, we can expect a minor pullback to my initial range 10550 as a first base/retracement... but the general adage trend is your friend then stay Bullish mostly until you get a proper REVERSAL SIGNAL... Meaning a signal on the DAILY or WEEKLY "ATLEAST"...
Comments
Indyan
Nifty looking for fall.... wrong view
Phoenix085
@Indyan, I am more bearish than you... but i am expecting a small rally lasting for not more than a month or two... i will definitely post my bearish views soon... I checked your profile and You have some wonderful scripts too...
Indyan
@Phoenix085, If everyone have same view then how this market will run... Still i am saying its sell on rise market. market is struggling since last one week for 50-60 points. also corona is on the way to second phase. Plz dont mind my post. i just posted what i felt. its just my opinion.

BTW thanks for visiting my profile. Good day bro
Phoenix085
@Indyan,

I dont MIND my own posts, coz one thing i have learnt from my experience is to go with the HEART... Market is more about managing your emotions than how good are you at DRAWING...

I feel market RUNS becoz of 2 kinda ppl ONE with MONEY and TWO with EXPERIENCE... ppl with money take back experience and ppl with experience take back money...

Last but the most important: Lord Krishna himself said to Arjuna after the Geetopadesha, i have TOLD what i had to, now you DO what you want to...
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