My view on Nifty - Short Term until April 2019

29 Mar 2019

Looking to short at current levels.. .SL last High

Respecting Channel

2 Nis 2019

Not

Brace - Any time now...
Strict Stop Loss

3 Nis 2019

İşlem aktif

Short open - SL as above.. i.e. Last high

7 Nis 2019

Not

Nifty remained flat for this week.

The situation is like glass half full of water - you will call it half full or half empty?
While it failed to make a new high, on a weekly basis, the bias is neutral to positive.
Looking at Global Indices, things look OK for NIFTY for the moment.
However, looking at the daily chart, to make a new high, it will have to break last weeks top of 11760.

8 Nis 2019

Not

Bearish formation on Daily candle.