Life is like nifty , when good times , its full on rise , when bad , all bears run the show. But exceptional people make money , who knows the trend and catch their bearish positions. Now is that gonna continue , the bearish move , there are some chances for its reversal and pull back now at 15782.
Tomorrow dated 16 May 2022 , if Nifty manages to pull back , we may see some bull run ahead , but if it breaks beyond 15544 , we may see bearish trend continuation unless reversal.
Present level of Nifty is 15782.
I dont advise any one , but i know the trend.
Sometimes i question , if i was with broking firm , what would be my worth?
Lets wait for tomorrow morining and see if there is reversal pull back or bear continues to go with future support 2 at 15544.
By
Afzalkhan Pathan
+918733983681
Note- The above analysis is my work of calculation and i am not advising anyone to trade or invest in stock market. Always consult your broker or financial advisor before trading or investing.
Tomorrow dated 16 May 2022 , if Nifty manages to pull back , we may see some bull run ahead , but if it breaks beyond 15544 , we may see bearish trend continuation unless reversal.
Present level of Nifty is 15782.
I dont advise any one , but i know the trend.
Sometimes i question , if i was with broking firm , what would be my worth?
Lets wait for tomorrow morining and see if there is reversal pull back or bear continues to go with future support 2 at 15544.
By
Afzalkhan Pathan
+918733983681
Note- The above analysis is my work of calculation and i am not advising anyone to trade or invest in stock market. Always consult your broker or financial advisor before trading or investing.
Trade closed manually:
Book profit at 16254