*There is a short expectation from 30000 to 20000 which will cover nearly 10000 pts bear.
*Investors can look around 20000 for a best price to invest with their respective stocks.(Can hold for 5-10 yrs).
Gap fills are easy to predict, they happen, they may take time, but they happen. After the last gap up, we still haven't seen the market close that gap. If the market wants to go further, let's wait for this to be gap to be filled.
Hi
we believe that there exist a Three Drive Pattern for which it takes few days to complete and then we have a bearish retracement for which we may Short the Market.
The Fundamental analyses are base on the current Oil Price and problems in Middle East and as we have analysed the NIFTY, we can conclude there is a upcoming Bearish Trend as the Oil Pries may go...
It's been a long while, are we finally done with the runup? Will we see a Santa Clause rally or are traders going to be getting ready for the hols, and sell for the new year? December could be a lower trend... but hey, let's not predict anything :)
BSE:SENSEX has recorded a All Time High today(26-Nov-19) but it was rejected by a trendline that extends from August 2018 till today. If this trendline is broken on a daily closing basis then I am expecting SENSEX to continue to the upside.
BSE:SENSEX
Price has broken down the trend line and is in a Pull back structure. May test 39000 (psychological level) which is also the base of trendline, previous support and near a FIB level.
If pullback is confirmed then price may test 33-34000 range.
Viewing at uncertainties globally, drop seems likely.
