As disclosed earlier, I am not having any trading position in nifty as of now... This is the best time for visualization of probable hypothesis.
Case A: Bullish medium term
Imagining index wants to be bullish medium term, I have shown a probable path, Nifty 50 will have in coming days based on structural understanding suggested by facts and data available as on date with me
Case B: Bearish medium term
Presently I do not have the facts and data to imagine that path. As on when I will have will consider that case...
Personally, I must say this is just the imaginative path based on structure based on facts and data, I may not be exact and accurate as future few days new data will be added and that will also have its say... But still, imagining a path while not trading will also help me to certain extent.
Case A: Bullish medium term
Imagining index wants to be bullish medium term, I have shown a probable path, Nifty 50 will have in coming days based on structural understanding suggested by facts and data available as on date with me
Case B: Bearish medium term
Presently I do not have the facts and data to imagine that path. As on when I will have will consider that case...
Personally, I must say this is just the imaginative path based on structure based on facts and data, I may not be exact and accurate as future few days new data will be added and that will also have its say... But still, imagining a path while not trading will also help me to certain extent.
Comment:
I guess index followed same path, we have imagined....
Comment:
Case 1: nifty crossing 12030 will complete a blow off.... which will give buy on deeps for medium term
Case 2: Nifty without crossing 12030 starts breaking supports, may give some kind of alarm of bearishness in medium term.
This opinion is based on my structural understanding based on facts and data till yesterday.
Case 2: Nifty without crossing 12030 starts breaking supports, may give some kind of alarm of bearishness in medium term.
This opinion is based on my structural understanding based on facts and data till yesterday.
Comment:
I have developed 1/3 rd of my capital short hedged positions in Nifty... its premature so only use 1/3 rd of capital
Comment:
mostly
Case 2: Nifty without crossing 12030 starts breaking supports, may give some kind of alarm of bearishness in medium term.
Is possible now
Case 2: Nifty without crossing 12030 starts breaking supports, may give some kind of alarm of bearishness in medium term.
Is possible now
