Nifty seems to be following the trendline. It did go above last week but has been having big trouble to stay above the resistance line. I believe in a day or two we should see a big jump in this market and from there nifty should be able to make its big move.
Based on my analysis, market is due for another 800-900 points change. It is always hard to predict the up or down move but looking a the tight move market has been having sine Feb 1st it looks like we are due for big jump.
I am seeing systematic buying has been happening in this market and not many stocks seems to be making move in either direction.
One needs to be little careful in tacking trade but looking at the above, I believe market should soon run higher....
Based on my analysis, market is due for another 800-900 points change. It is always hard to predict the up or down move but looking a the tight move market has been having sine Feb 1st it looks like we are due for big jump.
I am seeing systematic buying has been happening in this market and not many stocks seems to be making move in either direction.
One needs to be little careful in tacking trade but looking at the above, I believe market should soon run higher....
No comments:
Post a Comment