magnet call for tuesday
as expected nifty atempted pullback.
my intraday tgt was 4385 and nifty made a high of 4384(bang)
now what ,
thats for sure that correction has not been ended.
so for 2 maro there r two condition,
condition one
if dow end in red then it may possible we also falls but mkt shall not fall below 4310, from 4310 it will bounce back again towards 4430 or 4450.
conditon two
if mkt dosen't fall in morning then it will move towards 4440-4450.
and at the level of 4450 one can short nifty for the minimum tgt of 4250.
as said before also over all heading for 4135,
but in extreme short term we should achieve 4440-4450 first.
warm regards
magnet man
as expected nifty atempted pullback.
my intraday tgt was 4385 and nifty made a high of 4384(bang)
now what ,
thats for sure that correction has not been ended.
so for 2 maro there r two condition,
condition one
if dow end in red then it may possible we also falls but mkt shall not fall below 4310, from 4310 it will bounce back again towards 4430 or 4450.
conditon two
if mkt dosen't fall in morning then it will move towards 4440-4450.
and at the level of 4450 one can short nifty for the minimum tgt of 4250.
as said before also over all heading for 4135,
but in extreme short term we should achieve 4440-4450 first.
warm regards
magnet man