12000-13000 level is good for long-term investment. this view is invalid if nifty is able to hit a new ATH. right now bullishness is just an illusion.
Sell nifty below 17470-450 with day high sl. wait for red candle in 15min time frame
nifty facing rejection in 17900-180000 level, likely to hit 17300-200 levels before monthly expiry.
Banknifty above 40900 will hit 41900. 40500 acts as strong support.
there will be quick 100-150 points up move. PCR is less than .5 so expected one quick up.
next week nifty trade in sideways to negative. if it cross 18200 and sustain then this view is invalid.
Temporary resistance near 18560. sell near these levels. invalid above 18650
go for buy on dips strategy. 18000-18100 is good support for swing trade
Dow Jones has to make an intermediate low before may end. one more"Event" will push the market to a significant low.
another big fall is expected...sooner or later...invalid above new ath.
Bnaknifty may face resistance near 38700-750 levels.
probably dow will follow wolf wave pattern..mid of Feb or march first week expecting decent correction
be alert in nifty! nifty face a strong resistance near 16480-16500! if it holds the resistance we may see nifty near 16100-15700!
Flag pattern + 5th wave..behaviors should Normally gap up and small body candles
expecting a small dip as PCR is high. if nifty cross it day high then this view is invalid.