Dear All,
It is from back to back 3 weeks, that we have been witnessing the positive green candles on the chart of Nifty.
So overall, we can state that as of now, there’s a close fight going on between the levels of 18170 and 17800.
Therefore, from here, either a breakout of 18170 or a breakdown from 17800, will decide the new trend for the market.
Furthermore, above 18170, 18400 will be our next level of target. Whereas, on the other hand, a closing of below 17800 will once again activate the level of 17320 as a support.
In the meanwhile, continue being stock specific and keep following the Cherry Picking strategy.
Regards,
Alok Daiya
It is from back to back 3 weeks, that we have been witnessing the positive green candles on the chart of Nifty.
So overall, we can state that as of now, there’s a close fight going on between the levels of 18170 and 17800.
Therefore, from here, either a breakout of 18170 or a breakdown from 17800, will decide the new trend for the market.
Furthermore, above 18170, 18400 will be our next level of target. Whereas, on the other hand, a closing of below 17800 will once again activate the level of 17320 as a support.
In the meanwhile, continue being stock specific and keep following the Cherry Picking strategy.
Regards,
Alok Daiya
Comment:
Feb 19 to Feb 22, what a magical u Turn.
Comment:
17300 back 2 back closing, so finger cross for a positive bounce back.
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya