diabolic92

diabolic92

THIS WAS JUST A PULLBACK ## NIFTY IF BREAKS THE SUPPORTING TREND LINE THEN THERE ARE MORE CHANCES OF A CORRECTION IN THE MARKET. IF BREAKS THE RESISTANCE LINE THEN CAN EXPECT A GOOD UP MOVE AS WE WERE IN A GOOD SPAN OF CONSOLIDATION .

diabolic92

BASED ON THE TREND LINE MADE EXPECTING A SMALL CORRECTION IN NIFTY NIFTY SAW PROFIT BOOKING ON 15000 LEVEL. THE SAME IS EXPECTED TO CONTINUE IF THE TREND LINE BREAKS BY 08TH FEB.

diabolic92

BANKNIFTY HAS BROKEN THE CURRENT TREND LINE CHANCES MORE ON BEARISH SIDE TILL THIS EXPIRY WAITING FOR RETEST AT THE TREND LINE

diabolic92

THE RANGE FROM 2269 TO 2329 IS ACTING AS SUPPORT. ALREADY TESTED ONCE. IF TESTED AGAIN THEN CAN EXPECT A GOOD BUY MOMENTUM.

diabolic92

BN has been consolidating in this range for quite some time now!! Expecting a good breakout either ways. would go long or short if BN gives closing above or below the pink lines.