BEARISH ONLY BELOW 9830NS FOR 9700.
BULLISH ONLY ABOVE 9930NS FOR 10030.
BEARISH ONLY BELOW 9830NS FOR 9700.
BULLISH ONLY ABOVE 9930NS FOR 10030.
RESISTANCE:9922-9928>9960-9995.
SUPPORT: 9899-9880-9865-9845-9820-9800.
BUY 10000PE @99 STOP 90 TARGETS 105-112-119-140-160
BUY 9800CE @108-116 STOP 99 TARGETS 150-170.
HOLDING BELOW 9880 BUY 10000PE STOP 124 CAN SEE 150-180-198.
TRADING ABOVE 9891 BUY 9800CE CAN SEE 130-150.
A BIG GAP DOWN OPENING TODAY.
HOW TO TRADE NOW?
SUPPORT: 9820-9790
RESISTANCE:9886.
BULLISH ONLY ABOVE 9891NS FOR 9942-10000.
BULLISH ABOVE 9916 TARGETS 9934-9950-9960-9981-10000-100034.
BEARISH BELOW 9850NS ONLY.
NIFTY PE CLOSE @25.42 ON 14/07/2017. IN THE YEAR 2000 & 2008 HIGH PE WAS ABOVE 28 THEN IT WAS CRASH AS SHOWN IN CHART.
NIFTY:
SUPPORT: 9855-9840-9800NS.
BULLISH ONLY ABOVE 9915NS
BANK NIFTY :
RESISTANCE 9888-9911-9962.
SUPPORT 9840-9805.
BREARISH ONLY BELOW 9770NS.
A shooting star is a type of candlestick formation that results when a security’s price, at some point during the day, advances well above the opening price but closes lower than the opening price.
For a candlestick to be considered a shooting star, the formation must be on an upward or bullish trend, and the distance between the highest price for the day and the opening price must be more than twice as large as the shooting star’s body. The distance between the lowest price for the day and the closing price must be very small or nonexistent.
NIFTY NEED TO CROSS 9830 TO AVOID SHOOTING STAR IMPACT.
BREAKOUT ABOVE 9850 FOR 9865-9888-9911NS.
RESISTANCE @9807-9816-9825.
BREAKOUT ABOVE 9840 FOR 9865-9888.
BEARISH BELOW 9760NS