Data points are suggesting that Liquidity has dried out. Smart money is on bearish while our new age Robinhoods are pushing the market up. Keep tracking and watch your charts at multiple time intervals.
Nifty has taken support at crucial levels. Next support levels have been marked on the chart as well.
Disclaimer - It is not a suggestion. This is purely for learning purpose. Please consult your financial advisor before making any investments.
I ALSO EXPECT SUPPORT NEAR 10325 FOR NEXT WEEK. THEN AGAIN GO UP TO CROSS 11000.BEFORE JULY EXPIRY.
Rajesh_mehta
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@ckirtane, Yeah. Second part may also happen. Overall I am looking at Aug to sept end or Oct mid for the bottom to form. But more on that at a later date.
bharatjai
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As per me 10435 gap filling possible. But around 10300 looks distance
Rajesh_mehta
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@bharatjai, I have only mentioned the next big support. Sure it can halt before that as well.