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Current Nifty |
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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Post: #61  Posted: Mon Apr 04, 2022 9:39 am Post subject: |
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| chandrujimrc wrote: | | Current Nifty trading range is above 200DMA but below last year close,so till getting any side breakout we may buy near 200DMA and sell at yearly close and vice versa. |
After crossing last year close 17354 Nifty made 17963 as high so far,hereafter keep 17354 as closing basis S/L. |
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chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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| Post: #62 Posted: Thu Jun 16, 2022 6:55 pm Post subject: |
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| Current Nifty RSI is in the 25-30 range,moreover PCR is in oversold region so market will bounce back of 300-500 points anytime.This is my view only. |
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chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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| Post: #63 Posted: Thu Jun 23, 2022 6:56 pm Post subject: |
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| chandrujimrc wrote: | | Current Nifty RSI is in the 25-30 range,moreover PCR is in oversold region so market will bounce back of 300-500 points anytime.This is my view only. |
Nifty bounced back more than 5oo points from the recent low. |
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chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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| Post: #64 Posted: Thu May 04, 2023 3:20 pm Post subject: |
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Nifty is trying to cross Jan high,if closes above Jan high
there is a chance for retesting all time high with s/l of 2022 yearly close.This is my view only. |
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chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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| Post: #65 Posted: Tue Jul 04, 2023 1:17 pm Post subject: |
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| chandrujimrc wrote: | Nifty is trying to cross Jan high,if closes above Jan high
there is a chance for retesting all time high with s/l of 2022 yearly close.This is my view only. |
Nifty is creating new all time high everyday with negative divergence,be alert.This is my view only. |
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