Have a eye on 5168-5208 level.(Unexpected Buying above 5208 will start ,it will have to close above this level for 3 consecutive days …then 5327-5367 )
Just see on Last Thursday/Monday it closed above 5208 level…Now 101% will try to kiss 5327-5367.
What to expect from this level ?
-Bollinger Band indicates to have cautious approach.
Have a eye on 5317-5327-5367 levels.
-Around 5317-5327 ,101% Go short with stoploss of 5367.
-Your Risk will be of Rs.40 points.
-Now A Million dollar question….If kisses 5317-5327 and selling starts then ?
-If suppose not crosses Yesterday’s high of 5295 & cracks then ?
Just see on Last Thursday/Monday it closed above 5208 level…Now 101% will try to kiss 5327-5367.
What to expect from this level ?
-Bollinger Band indicates to have cautious approach.
Have a eye on 5317-5327-5367 levels.
-Around 5317-5327 ,101% Go short with stoploss of 5367.
-Your Risk will be of Rs.40 points.
-Now A Million dollar question….If kisses 5317-5327 and selling starts then ?
-If suppose not crosses Yesterday’s high of 5295 & cracks then ?
-Break below 5273 with volumes will take to 5246-5206-5184 in Intraday panic.
-Expect Intraday sharp slide/correction of 1-3 days on card in Sensex/Nifty Stocks.
-Expect Intraday sharp slide/correction of 1-3 days on card in Sensex/Nifty Stocks.
