I am not a sebi registered analyst. I just share my views here. Before taking any buy or sell decisions, consult your financial advisor. MumbaiJoined August 2022
*Nifty formed a red candle for the ninth session*, a rare occurrence on the daily chart. Nifty has recorded nine consecutive red candles 5 times.
*Next Day Performance:* In all 5 cases Nifty posted a *positive return* the following trading day, with an *average gain of 1.26%.*
Today is monthly expiry. Nifty closed in red for consecutive 8 days. View remain same, nifty need to sustain above 25000 for fresh upside. Till thn sell on rise
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Kal ki kya kabhar.
Charts are suggesting sell on rise. But longer time frame charts are suggesting buy till 24300 as final stop loss. I would suggest wait and watch. Let it bounce a and sustain, then will take fresh view
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Nifty looks like it will bounce
Nifty fut cmp 24825. Sl can be 24798
Only for risky trader. I am not trading anything
I am not analyst, just sharing view
#Nifty#banknifty#option#Niftybuy
#intraday
Trump baba ne firse tariff chaku kiya hai. Gift Nifty flat to negative. Just wait and watch for today's closing. Weekly closing above 25000 very important.
#marketkadhyan#marketkagyan#nifty
Open view on crizac and Jindal steel fut..let's see what happens..today was a 6th day for Nifty closing on red..Toda toh bounce aana chaiye. Tomorrow weekly closing bhi hai. Hoping to close above 25000
#marketkagyan#marketkadhyan#nifty#option
📊 NIFTY just posted 6 consecutive red candle.
History doesn’t exactly repeat, but it often rhymes.
Every end of 6 days streak was followed by decent green day in past . What do you think will happen if the streak ends tommorow
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