NIFTY OUTLOOK FOR 11/06/2015
CHINA FEAR GO AWAY,
NIFTY JUMP ABOVE 8111 AND CLOSES AT 8124,
PIVOT SLIP DOWN TO 8133,
NIFTY JUMP ABOVE 8111 AND CLOSES AT 8124,
PIVOT SLIP DOWN TO 8133,
SLIPPING BELOW 7977 WILL BRING MORE BEARS,
AND MORE DOWNSIDE,
AND MORE DOWNSIDE,
BULLS ARE HAVING HOPES AT 7977-8000 LEVEL,
A CLOSE ABOVE 8177 WILL BRING MORE GREEN,
THEN BULLS CAN MOVE TOWARDS 8400,
A CLOSE ABOVE 8177 WILL BRING MORE GREEN,
THEN BULLS CAN MOVE TOWARDS 8400,
AS POSTED HERE,
NIFTY ENTERING IN TO BEARISH ZONE,
8000 IS THE GOOD SUPPORT,
ANY TWO CLOSES BELOW 8000 WILL LEAD NIFTY TO 7511,
NIFTY ENTERING IN TO BEARISH ZONE,
8000 IS THE GOOD SUPPORT,
ANY TWO CLOSES BELOW 8000 WILL LEAD NIFTY TO 7511,
BEARS HAVE FOLLOWING ONE PATTERN,
FOLLOWING PATTERN HAVE SOME VALUE
AS LONG AS NIFTY TRADE BELOW 9119,
FOLLOWING PATTERN HAVE SOME VALUE
AS LONG AS NIFTY TRADE BELOW 9119,
THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE BOTTOM PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE BOTTOM PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,
AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8133,
ABOVE 8177 BULLS CAN TARGET 8311 AND 8400,
BELOW 8088 BEARS CAN TARGET 7955 AND 7866,
NOW THE WEEKLY PIVOT IS 8133,
ABOVE 8177 BULLS CAN TARGET 8311 AND 8400,
BELOW 8088 BEARS CAN TARGET 7955 AND 7866,
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