Wednesday 18 December 2019

NIFTY TREND


Nifty has been in the habit of making records. This time due to gap up opening for the past 6 sessions. And on no day it visited the previous day low. That indicates the undercurrent situation of bullish trend.   This was due to retailers shorting the index and buying PEs at the wrong time without understanding the levels and price action. 

Spend some time in understanding the index and do not fall prey in to the hands of novice who start experimenting their half cooked knowledge with your finance. 

Today's important numbers are 12158/12151/12131.30. These are the levels where you may expect reversal. Stop Loss for this is 12092. Target is 12368/457.  Grab CEs if you find the above levels and wait for our targets next week. 

Important number to watch for in futures is 12186 which holds the key.   On spot 12161.  You cannot get a free options trade advise better than this anywhere from any white collared professionals. Go in for a good trade, make good money and thank yourself for reading this advise.

Good Luck!


thiruvalluvar photo drawing க்கான பட முடிவு
அறன் வலியுறுத்தல் - Assertion of the Strength of Virtue

மனத்துக்கண் மாசிலன் ஆதல் அனைத்து அறன்
ஆகுல நீர பிற.    # 34

மு.வ : ஒருவன் தன்மனதில் குற்றம் இல்லாதவானாக இருக்க வேண்டும். அறம் அவ்வளவே: மனத்தூய்மை இல்லாத மற்றவை ஆரவாரத் தன்மை உடையவை.

Do deeds of virtue now. Say not, 'To-morrow we'll be wise'; Thus, when thou diest, shalt thou find a help that never dies. 
Defer not virtue to another day; receive her now; and at the dying hour she will be your undying friend. 

No comments:

Post a Comment

Note: only a member of this blog may post a comment.