A surprise in election result then VIX will touch 33-38 levels, Nifty will try to touch 12300-12500 levels before election result. Everyone is factoring BJP win on 23rd May, But what if about Congress win? A surprise in these kind of events will create more volatility in market and in this case VIX will touch 33-38 levels. Buy on rumors and Sell on news The rally which is going on, is till election result only.…
After Waiting for 5 weeks Nifty still not able to cross 10985 Resistance, Now it’s really hard to cross that mark again. Last 5 weeks, everyone was waiting for the Budget, and on Budget day it made a Bearish Sign. So Better to Hold cash for the last Panic in the market. Many Good shares going towards their long term support, Earlier they broked Short term and Medium term support, So now in the next…
Bumpy Because of Upcoming Election. Because of High Volatility in Global Market. Bumpy Because of other Asian Market is in Bear grip. There are many other reasons, but above are the main factors, time to time we have to analyze all these things to get a view on our market, and Most Important is Movement of Crude oil, that can change all the game of Indian Market. Whatever I write is for generally short to medium…
It looks like the market is ready for some short-term marathon, but before that, it has to give us some more confirmations, till now market is just range bound between 500-750, but now it is respecting some lower levels, there is one big resistance at 10775. How to confirm and take the trade? Have to fill a big gap. Formation of new HH-HL Have to close above 10775. Here in the above chart nifty facing…