Dear All,
Once again the level of 17300 worked beautifully, yesterday. Well, this can be a good opportunity for us, as a level of strong support for upcoming rally.
Today is the last trading day of this week, and we are quite positive to witness a bullish reversal candle on the weekly chart.
If Nifty gives a closing of above 17300 today, then we can expect a sharp recovery in the Market in the upcoming weeks.
In the meanwhile, continue being stock specific and can follow the cherry picking strategy for now.
Regards,
Alok Daiya
(SEBI Registered Research Analyst)
Once again the level of 17300 worked beautifully, yesterday. Well, this can be a good opportunity for us, as a level of strong support for upcoming rally.
Today is the last trading day of this week, and we are quite positive to witness a bullish reversal candle on the weekly chart.
If Nifty gives a closing of above 17300 today, then we can expect a sharp recovery in the Market in the upcoming weeks.
In the meanwhile, continue being stock specific and can follow the cherry picking strategy for now.
Regards,
Alok Daiya
(SEBI Registered Research Analyst)
Note
love for 17300Note
yes, on weekly chart on closing - Hammer
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
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.
Disclaimer: alokdaiya.in/disclaimer/
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
Regards,
Alok Daiya
SEBI Registered Research Analyst
INH000011468
superprofile.bio/alokdaiya
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.