Trading as a part time profession.

[rajendrani]

Pivot low and the trendline had a good support for nifty, nifty breaching this level will surely test the next pivot level support.

 

[dnana]

thank u for the abv chart keep ur good work going on

 

[rajendrani]

 

[rajendrani]

 

[rajendrani]

 

[rajendrani]

 

[rajendrani]

 

[praveen taneja]

Bro is there any chance of 2596 coming in to pic tomm?????
as todays rise was with low vollume
tomm expiry magic will b fascinating as always

 

[rajendrani]

Bro is there any chance of 2596 coming in to pic tomm?????
as todays rise was with low vollume
tomm expiry magic will b fascinating as always

I would be very happy if that happens, but no, I dont think it will, even if it comes down, it has to cross the acid test of trendline support and the pivot low support. But market can never be predicted, it can rise or fall with a small news. Expiry magic lets see how it affects, I would be happy if market goes down.

 

[kiranb]

Bro is there any chance of 2596 coming in to pic tomm?????
as todays rise was with low vollume
tomm expiry magic will b fascinating as always

I would be very happy if that happens, but no, I dont think it will, even if it comes down, it has to cross the acid test of trendline support and the pivot low support.

I think tomorrow will be a gap down day, if it happens we may have support at 2677 for tomorrow. If that one is taken out with volumes 2634 is the next support. Tomorrow we may not go down below that as it is prev pivot support. But 2745 to 2740 level is still important level to watch out as supp/resistance. On the upper side 2799 is big resistance if that BO happens above that bulls will take charge this is my view.


Yeah today's gap up and the shooting star is the bearish signal and that toooo with low volumes itself indicating the tomorrows bear run. But if tomorrow is gap down and the 2677 breakdown happens giving a red candle then another evening star will be seen which stops bulls to enter into the market, Praveen sir then we may see Nf below 2K very soon. . yes as u said tomorrow is expiry day lets see how it goes.

If that happens na, rajendran why "happy" u will be the most felicitous guy