IlyasShaikh

Will result of Bihar election make any impact on Benchmark index

NSE_EOD:NIFTY   NIFTY 50
42 5 0
Nifty             found support @ 7950. It touched 7950 and bounce back three times. Will Bihar election result impact nifty? Don't know...

Nifty             made a Dogi candle on Friday with huge volumes. May be participants excepting a bounce back or it would be a trap from the operator.. Who Knows? i am NOT smart enough to know that..

Monday would be the crucial day for the market..
AMBRISH
a year ago
I agree with you. i will buy if it open with gap down.
Reply
pai56kota
a year ago
In my view, since BJP failed to come to power in Bihar, Market may bounce back around 8300-50 and form double top, then may come down around 7540-50.
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IlyasShaikh pai56kota
a year ago
Sorry @pai56kota... I'm NOT smart enough to answer your question.
Reply
pai56kota IlyasShaikh
a year ago
Dear Ilyas Shaikh, I have expressed my view. Even otherwise, Nifty is forming head and shoulder pattern. it will slip to 7540 level or even deeper.
Reply
IlyasShaikh pai56kota
a year ago
Yes sir.. Now you can expect more downside.. Because crucial support level is broken.. Thanks to poll result..
Reply
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