NIFTY All set for Monday 10569
played out beautifully today and gave an awesome opportunity to high leverage long at the a nice demand area for Reliance, did'nt bother with other cause i was too fixated with indigo and why it was taking off :)
Dipped to the lower support or the blue line and made up a fair bit of ground .
Looks like we go down a bit at open to maybe 9750 zone and then explode up .
Either way today's candle if you look at the 3 day chart shows you that the bull's are stepping up to the plate and with the Moving averages and range getting tighter
we are ready for a home run to be hit.
Clear 10170 and 10300 zone shall be smashed like crazy.
Now should start getting a little cautious since i did expect a blow off top towards the end of the month and possibly distribution and whales offloading their positions should begin and start trapping longs.
I say that cause the world markets are taking a hammering and its a matter of time when everything crashes... Euphoria phase commencing soon
Dipped to the lower support or the blue line and made up a fair bit of ground .
Looks like we go down a bit at open to maybe 9750 zone and then explode up .
Either way today's candle if you look at the 3 day chart shows you that the bull's are stepping up to the plate and with the Moving averages and range getting tighter
we are ready for a home run to be hit.
Clear 10170 and 10300 zone shall be smashed like crazy.
Now should start getting a little cautious since i did expect a blow off top towards the end of the month and possibly distribution and whales offloading their positions should begin and start trapping longs.
I say that cause the world markets are taking a hammering and its a matter of time when everything crashes... Euphoria phase commencing soon
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