Next Breakdown

Next Breakdown script ...(like Bank Nifty/Nifty...refer previous videos).....in our list...

Sure shot....if breaks...

Will post in hangout...

Bank Nifty 26020 ....

Bank Nifty violent breakdown level 26020...will act as major resistance...in the coming days...

Why 26020.....?

Watch.....

Why 10736 ?

Nifty 10736 is important ...breakdown level...

Watch...

More Panic ?

Nifty...investment cycle started in July 2016......

This week....price has closed below the investment cyclical level......

Will more panic on the cards ?

If yes.....then this cycle may test 9237 level...

Just my observation...based on history...

History Repeats ?.....

Nifty

Nifty positional 3rd Level 10275.....after 10488.....

Hope....this will also hit....today...

Bank Nifty

11th Hour........not able to cross the immedidate resistance....

Nifty

Nifty validated 2nd positional target 10488.60.......low formed today 10490.25...

Now....previous level 10677...will act as resistance....

Bank Nifty

24958.....candle close...to be watched out...

Next Deep Cut ?

Next Deep Cut..... "May be" because of Trump....this is my perception...

Invest Now ?

No...

Market again this week.....suggest.....index    (positional)   reversal in not possible next one month...

So...avoid....buying for investment.....

Let us wait .....

Bank Nifty Now

Price moved inside the level........now....index may not fall much...from here...

This is for next 1 hour.....

Nifty

Nifty positional trend "sell on rally" is intact....

Current price and the reversal level distance is very much wide......suggest main trend is still weak...

11000 call option...chart is self-explanatory....

Bank Nifty

Bank Nifty.....chart is self-explanatory....

I am pretty sure....reversal or relief rally....we will enter at the right time...

Positional Trend is sell on rally is intact....

Bank Nifty Option Selling

This week....Bank Option suggest....no trade...on sell side of both call and put....

Hence....Top and Bottom levels  are not posted in the Hangout....

Index

Index three times made attempt to go up.....failed....

Still...solid relief rally is not yet set...

Will wait...till get the reversal....

If call option closes above Red Level....relief rally for sure...

Till then......be in sidelines...

Index

No trade from our side....either in future or in option...