Seeing the chart it is clearly visible that market is preparing to come down.
Nifty is facing high difficulties to cross the level of 24400. it looks like more fall is coming soon
it looks like that tomorrow nifty will gap up and it will broke down. if gift nifty crosses 24403 it will become positive untill it doesnt breakdoen
in gift nifty crosses 24400, the trend of gift nifty will become positive
You can create some position on Apollo Hospital with a strict stop loss of previous day low so that you can enjoy the uptrend.
if gift nifty closes above 19800 . it wil drag up the nifty upside also
u can see a beautiful rejection from 20 ema. aThis is a great oppertunity to trade with smallest stoploss
As discussed before nifty is unstopable before 20590 to 20600. If it breaks the trend line and retrace then if bounced back and sustain over trend line it may go more.
campus i sin downtrend untill it sustains above 325
as predicted by gift nifty , nifty 50 is moving for 20500 t0 20600 on weekly basis
As have said above the trend linevit exploded. keep following for daily update. Nifty will open approx 19580 which is a supply zone so u may see a deep at opening but overall market sentiment is bullish. it may reverse from any point after deep
Today Nifty will open gap up. as you can see it is above the trend line, but if fails to sustain above the train line, it may drag towards the lower trend line.
Nifty 50 may have some downward moment it may take support on trend line.
The above chart is on monthly candle. If the downside Momentum continues, we will see a strong support at 18400.
if gift nifty sustains above trend line. nifty will explod tomorrow.