SHIV TRADES PRIVATE LIMITED

Shiv12345

Well-Known Member
#81
Alright folks, moving forward, we are getting closer and closer to 200 DMA 10890 ... a lot of positional shorters are keeping this same level as their positional stoploss too .... and that is also a resistance or a hurdle zone ... Now, it's up to bulls how far they can stretch and whether they can approach 200 DMA and surpass it or not in immediate future ... Meanwhile, India VIX down by 2% approx
Lololol .... fire and fury
 

Shiv12345

Well-Known Member
#83
Ok then ... we had an exciting time today .... meanwhile, after quite a while, I am seeing Nifty spot and futures getting rid of their differences .... anyway .... we will meet again tomorrow ... bye ...
 

Shiv12345

Well-Known Member
#86
Funda is simple .... Bears shall be trying everything to stop bulls from eyeing 200 DMA (10890) ... subsequently, bears would be building their short positions AROUND or BEFORE that zone .... Now, its up to bulls whether they go on to try and take on the challenge or if they decide to disengage and retreat (around that zone or from current position itself) .... keep a close watch on India VIX
 

Shiv12345

Well-Known Member
#90
I think we have a situation here ... bears need to breach and sustain below 10700 decisively in order to approach their lower target of 10650 ... Upon failing to breach and sustaining below 10700, a pull back may occur ...
 

Similar threads