Nifty trend

Will The Nifty take out its all time high of 6358?

  • YES

    Votes: 21 63.6%
  • NO

    Votes: 12 36.4%

  • Total voters
    33
  • Poll closed .
Status
Not open for further replies.
If everything remains stable in overnight market and tomorrow Asia opening, i am expecting nifty future to touch 6250 region as low of the day on Tuesday.

Slowly and Slowly, markets dipping down till you give them another bullish sentiment to go up.
 
Can you please elaborate this for a layman? To me it seems like a consolidation rather than downside.
Friday Mahurat Trading low in Nifty Future = 6316

Monday Trading Low in Nifty Future = 6282

Market making newer lows on intra day basis.

If there is no 'collective bullish sentiment' markets will only come down- not in one straight go but slowly till selling momentum picks up.

My views are only for Tuesday session assuming global or tomorrow Asian markets does not have a bullish run.

I do not have any idea what market will do on Wed or next week or next month, so my views are for day trading session and not for swing or positional trading.
 
Status
Not open for further replies.

Similar threads