Nifty have given breakout from downtrend channel on daily time frame and came to retest the level also,,now as friday Nasdaq given huge intraday trading day sgx also showing positive opening in indian market after open in gap up market can take support at 18100 level,,and chances are high ki 18100 ka level monday ko defend rahega,,2nd half me market can move towards 18200 and can give final closing above 18175+..Now if talk about weekly,,if nifty give closing above 18200 on monday then data will be positive and rally can be extended towards 18300-18450 till next week expiry. Well Global is showing positve response,, but we have a very important event in coming week and that is BUDGET,,,market can go in consolidation zone also before budget as everyone i mean most of smart investor they are eagerly waitling for budget response then they will take positions accordingly,,welll budget can be good,,atleaset i can say i am expecting good budget..i am very bulish on market as of now and i am seeing nifty reach their previous highs or 19000 in coming month just because of data,,,results,,,budget,,,charting ETC.
My weekly,,Monthly:-)) analysis done,,but what will happen if something goes south from this level,,?
well chances are high we will go up and make new highs in coming months..then we will see accordingly,,but still if something goes south from these level then our stop loss will protect us...
I hope you guy's are like my ideas on market,,,still this is my view,,i could be wrong...always take your responsibility in profit and loss.
Please like and follow me on tradingview.com for more analysis,,
and please guy's one more thing you also say your view in comment we will talk on comment related to your views too on market.
Thankyou.
My weekly,,Monthly:-)) analysis done,,but what will happen if something goes south from this level,,?
well chances are high we will go up and make new highs in coming months..then we will see accordingly,,but still if something goes south from these level then our stop loss will protect us...
I hope you guy's are like my ideas on market,,,still this is my view,,i could be wrong...always take your responsibility in profit and loss.
Please like and follow me on tradingview.com for more analysis,,
and please guy's one more thing you also say your view in comment we will talk on comment related to your views too on market.
Thankyou.
Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
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Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Rahul Pal (TradingView Moderator)
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Live Market Analysis on YouTube (8:45 AM - 3:30 PM): spf.bio/TArir
Free Telegram: spf.bio/c1lkb
Join Trading Community: realbullstrading.com
WhatsApp: wa.me/919560602464
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.