General Trading Chat

[Nish]

Today itself N was up towards 25450 plus !

So as expected in prvs post, N trying towards 25680 to 25710 ???

So 25700 still pending ???

By the way , longer target of 27500 +/- still pending and posible ???
Just a thought !

View Strictly for STUDY PURPOSE !

Q-marks represent a dis-claimer to please do your own study with proper SL !

 

[timepass]

Technically, we are still only about 5% from the top. It fell from 25k to 24k in 4 days and then bounced back for higher.

 

[timepass]

Banknifty is again in route to its 100ema

 

[tradermodified]

BN

51100/51000 shall be the decider zone.
On staying below 51000 the fall will be deep to 500/900/1400 points.

ltp 51452

 

[timepass]

Now, this could be the making of a global crisis

Biden Discourages Israel From Attacking Iran’s Oil Fields

https://finance.yahoo.com/news/biden-discourages-israel-attacking-iran-183004324.html

 

[Nish]

What a fantastic BEAR battering indices !
Lift Down !

Hope , sometimes BULLS also learn to use the LIFT upward for Sixer Batting !

 

[tradermodified]

Low formed so far 51683.4, a drop of 1100+ points.

Now
If BN breaches and stays below 51600 then a fall (may be deep) of 500/900/1400 points may happen.

ltp 51767

Low formed so far 50194, a drop of 1400+ points.

Now on staying below 50800 then a fall of 500/700/1000 points may happen

ltp 50647

 

[tradermodified]

N50
as per (h or D) chart

N50 may drop to 24600/500 levels in few sessions (by/around/after 12.10.24)
if fails to cross and stay above 25600

ltp 25406

nor far from lower levels
low so far 24694

more to come if stays below 24800

ltp 24819

 

[tradermodified]

Low formed so far 50194, a drop of 1400+ points.

Now on staying below 50800 then a fall of 500/700/1000 points may happen

ltp 50647

on staying below 50400 then a fall of 500/700/1000 points may happen

ltp 50397

 

[timepass]

on staying below 50400 then a fall of 500/700/1000 points may happen

ltp 50397

Just about its 200sma around 49200.

Haryana election results tomorrow. Another untradable day.

Nifty seems to be just gulping down 100-200 points.