Nifty Future Downside Target r 7623 & 7275 .
There could be a bounce back in NF upto 8085 , 8184 .let c...
Pullback Rally In NF will last upto 8160.
1st tgt. in NF 8085 achieved . Now let c whether mkt. hit 8160 & 8184 consecutively or go for small correction .
Correction in NF upto 7760 level. Today is Friday & nobody knows what is served for Monday . So, caution should be taken .
Downtrend NF 7760 target which was given on 28th august completed today . More downside is left .
I personaly think that one must be confident about MKT. movement . If mkt. hold this level , will move higher , if mkt. fails to sustain this level then there will be sell off . Don't post anything if u r not confident . I m just expressing my views . This is not to criticize anyone . I am coming back after learning something from my mistakes . Critics always welcome as this will tend me to study more .
Don't short NF . Go long , it's right time to buy calls or NF . Mkt. is bottom out.
Apply stoploss of 7751 (low of yesterday). Don't worry we will make up this loss . If 7751 is broken then go for shorts . 7751 is very important.
Target for NF 7900 with a SL of 7710 . Probably will hit next week . We have seen after hitting SL day after yesterday NF went up to the high of 7869.45 yesterday . Play on ur own risk .
Sell on rise mkt. NF going to achieve 2nd tgt. Which is 7275 . NF achieved 1st tgt. mentioned on 26th august on 4/9 (NF Low 7623.20).
If it was a rise on sale mkt. then NF should have stopped at 7640. So, we r heading for upside tgts. mentioned above .
Switch to November Series . Upside tgts. r still intact . Adding more tgts. 8260 , 8500 .
NF 7450 is good level to buy again .
NF 7480 - 7450 is good level to buy again.
By mistake i typed November series . I wanted 2 say October series . But even if u've bought November series , u won't be in a loss.
NF tgt . 8260 hit on 16th Oct. Which was mentioned on 22 Sept. Now play in Nov. Series for NF tgt. 8500 . This series would not be boring like Oct. Series .
Bank Nifty tgts. 1) 18100 2) 18375
Good time to enter ! Play in next series !
High of NF today is 8723.85 ??? What's going on ???
Correction is over in Banknifty . Upside tgts. 1) 18060 2)18600 3)19150
NF downside tgts. 1)7896 2)7750
1st tgt. of NF 7896 is done . Correction in banknifty is definitely over today .
First upside tgt. of NF is 8684 & tgt. of Bank Nifty is 18425 .
Nifty downtrend tgt. are 7744 & in worst case 7690 not more than this . Probably mkt. will touch above mentioned levels till Monday . Remember , correction is healthy for mkt. Uptrend is intact without any doubt.
Banknifty tgt. is 17889 not 18425 mentioned on 09/11 . Will update NF tgt. later on . There is a change in NF also.
NF should come to the level of 7716 . Probably till Friday . Lets c
Correction in Bank nifty is not over yet . Downtrend tgt. of bank nifty is 16500 . So one can buy PUT of 16500 which is trading at around Rs. 30 .
Upside tgts. for NF 1) 8019 2)8100 3) 8190
Now market is waiting for U.S. Fedral Reserve interest rates . I don't know on which date of December this change of rate will come .
NF broken 7716 , mentioned on 16 November . More downside is left
NF made a low of 7686 . On 13th Nov. i was mentioned 7690 NF downside level .
NF downside tgt. 7313 .
Probably in January Series !