BE READY FOR A FALL GO SHORT GLOBAL MARKET CUES SHORT POSITION IN TECHNOLOGY STOCKS
RISING WEDGE PATTERN A BREAKDOWN WILL GIVE A FALL OF 15 TO 20 POINTS. GOOD BUYING OPPORTUNITY WILL BE WHEN IT TAKE SUPPORT ON 200 DMA.
AFTER A GOOD RALLY IN JSW STEEL STARTED SIDEWAYS TRADING. RESISTANCE IS PLACED AT 287 SUPPORT IS PLACED AT 280
RISING WEDGE PATTERN SEEN IN HOURLY CHART A SMALL FALL IS EXPECTED. ALSO MARKET BUBBLE IS CREATED NIFTY IS OVERVALUED TO THE GDP RATION SOON MARKET CRASH IS NEAR .
Daily Chart showing an upper trend #DowTheory Higher highs and Higher Lows Nifty gap up opening will give a target for 10600 OR Nifty will give a small consolidation tomorrow..... **Will bounce back from 10280 support .......... as it has tested multiple times if doesn't sustain next support will be 9500 followed by 9000