Equity_OptionTrader

In No Trade Zone!

Equity_OptionTrader מעודכן   
NSE:NIFTY   Nifty 50 Index
1. Long legged Doji on DTF showing more indecision in Sellers than Buyers. Basically bears' exhaustion. Chances of uptrend are higher.
2. Closing below Friday's low of 17485 will negate the view.
3. Next major support is at 17265, the previous BO level.
4. For confirmed uptrend, we'd need a closing near or above 17650.
5. In case 18350 isn't breached and remains a LH, we may see 15950 levels in coming weeks.
6. If 18350 is breached, 18900 would next possible Target.
7. These are speculations. Don't create positions according to this. Thank You!
הערה:
Low of 17213.25 so far. Let's see where it closes.
הערה:
Closed at 17149.10
Staying below 17000 means we're inviting 16800 very soon. Getting interesting now!
הערה:
Low of 16836.80. Just kissed 16800 and bounced!
הערה:

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