yara said:
Nse will never able to give a close above 2014 (should I say 2 times close?I feel it will not even close once above this level!!I may sound like a mad man to you rt now)reason is below, see the bottom chart where it shows a lot of supply at 1980 hence in intraday it may cross or make a new high but practically it will never close above 2014 a high made on Jan 2003.
Bet?
See bottom picture only and observe the big red line targeting 1980.Next line is black which shows.....rehne do coz its way above 3500+++!!
In short Nifty is likely to test 1882 again in short term.
Bet?
See bottom picture only and observe the big red line targeting 1980.Next line is black which shows.....rehne do coz its way above 3500+++!!
In short Nifty is likely to test 1882 again in short term.
This again shows that mkt listens to none.. it has its mood of its own.
we can just be humble followers. next time give the markets its due.. its far more intelligent the systems u follow!
Thou a small correction here and there is not ruled out.. u ll see nse this level again.. (if it goes below it).. for many many more times!