" If the wind will not serve, take to the oars" --Latin Proverb
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| Nifty |
Hi All,
I think as Nifty is trading below 200 and 20 day moving average, So one has to be caution. Now it can move to any direction. Those who are bullish, can long above 5783 and if you wish to short, then short below 5730.
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ReplyDeleteBank nifty on Friday tried to hold above 61.8% false level in micro time interval. So today Bank nifty may open flat try to hold above 32001(61.8%) and if able to hold then may bounce towards 32118 and then 32242. But but if unable to hold above 61.8% then be alert and use SOR strategy(chapter 5 of Advance technical analysis e-training ) and Bank nifty may move towards 31786 and then 31663. Demat account
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