Nifty: Just a gut feel

Güncellendi
It's just a gut feel without any technical backing. If today Nifty make bottom around 11785-11790 and then gives positive close by 20-30 points, then we expect Nifty to hold that bottom till Budget and start up move to post fresh highs. Technically, we need close above 11900 for upmove towards 12100.
İşlem aktif
Gut feel is working !!


Nifty came down from 11846 to 11805
İşlem aktif
Gut feel tells that Nifty has made bottom of 11798 for the day . Now market should move up towards 11870-11890

Cmp 11618
Not
Cmp 11718
Not
Sorry . Cmp 11818
İşlem kapandı: durdurma seviyesi
Nifty at 11780.
Not
Market spiked today and touched 11870. Ohh. Gut feel should have told to wait for 1 day. Bad luck :-)
Not
11600-11920 looks no trading Zone. Closing on either side should confirm the likely trend. Below 11600 head & shoulder pattern will come into play.for 11150
Beyond Technical Analysisnifty50

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