#Nifty
For 12-03-2019
Support for Nifty comes at 11120-11080-10970
Resistance for Nifty comes at 11204-11243-11390
Yesterday's bearish set-up cancelled today. My analysis went wrong. A move above 11118 cancelled the previous bearish view. Now last hope for bears is 11243 above which there can be a roaring bull rally. Now wekaness in Nifty will come only when closes below 10970, till then all dips are buying opportunitites. However, i will not buy anything in anticipation of this move.
Disclsoure: I do not have any position in Nifty Futures and today booked loss in my Nifty PE of 11000 when Nifty start trading above 11120.
For 12-03-2019
Support for Nifty comes at 11120-11080-10970
Resistance for Nifty comes at 11204-11243-11390
Yesterday's bearish set-up cancelled today. My analysis went wrong. A move above 11118 cancelled the previous bearish view. Now last hope for bears is 11243 above which there can be a roaring bull rally. Now wekaness in Nifty will come only when closes below 10970, till then all dips are buying opportunitites. However, i will not buy anything in anticipation of this move.
Disclsoure: I do not have any position in Nifty Futures and today booked loss in my Nifty PE of 11000 when Nifty start trading above 11120.
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