nifty
trendline support at 10160-10180 level
if that breaks then we have major support at 9950-10000 level, as per dow theory that was last bottom.
10_15% correction is always welcomed in a bull market
my view is still positive , we r ahead of very big bull move.
for investing-
I would recommend start accumulating nifty bees from 10200(spot price) levels (one might not get this type of opportunity again)
on trading front-
buy near 10200 sl 10150(strict sl) for a bounce till 10476
if in any case nifty comes near 10000 level - buy with 9940 sl for a strong bounce
if that breaks then we have major support at 9950-10000 level, as per dow theory that was last bottom.
10_15% correction is always welcomed in a bull market
my view is still positive , we r ahead of very big bull move.
for investing-
I would recommend start accumulating nifty bees from 10200(spot price) levels (one might not get this type of opportunity again)
on trading front-
buy near 10200 sl 10150(strict sl) for a bounce till 10476
if in any case nifty comes near 10000 level - buy with 9940 sl for a strong bounce
Nota
Nota
nifty made a low of 10200 a good level to go longlong nifty with sl 10150
Nota
sl revised to 10300 cmp 10375Nota
Nota
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