Nifty 50-Confusions, Fear, Excitement, Projections, Preparation!
Updated
Crazy emotions! Bear/Bull - whom to follow!
Above 22200 - Start Shifting mind towards upward move.
Beyond 22230 - Long with 40 points Stop loss (Closing beyond 22190).
Be careful these ranges if breakout failure happens. If found any reversal pattern, take appropriate action immediately.
Targets - 22297(Previous ATH), 22450, 22588, & 23039. Also, keep retracements in mind at these target points.
It seems to be a bipolar disorder in the market psychology!
Above 22200 - Start Shifting mind towards upward move.
Beyond 22230 - Long with 40 points Stop loss (Closing beyond 22190).
Be careful these ranges if breakout failure happens. If found any reversal pattern, take appropriate action immediately.
Targets - 22297(Previous ATH), 22450, 22588, & 23039. Also, keep retracements in mind at these target points.
It seems to be a bipolar disorder in the market psychology!
Note
1st target hit!Note
Above 22300, Next Hault 22353Note
Is it breakout failure today?Note
Naah! It's not!Closed above 1st Target! But in a seller's way. 22400 CE premium closing lower than 1 attempt. The market kept novice confused about its yesterday and today!
Anyways, Target open for 22588 and further in another dramatic way.
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