Monday, October 8, 2018
Positional Trend
Positional Trend is weak...this month positional reversal is ruled out..
Only....pull back rallies and sell on rallies.....
Bank Nifty
Bank Nifty 24500 Put closed below 238 and holding 138.40 level...
Tomorrow.....we may get opportunity....let us see...
Today....238 below close....we wants to enter call option...but....in a single candle put crashed and closed below 238 (i.e.194)....not able to enter......
Anyway...let us see tomorrow...
24500 Put....not violated 248
Bank Nifty 24500 Put......not closed below 248 (check earlier post...).....
Still no "confirmed" reversal......
Sunday, October 7, 2018
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.....
Friday, October 5, 2018
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 validated 2nd positional target 10488.60.......low formed today 10490.25...
Now....previous level 10677...will act as resistance....
Thursday, October 4, 2018
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 .....
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