NIFTY is getting ready for a jump?

Nifty has completed its all primary targets after failure below the neckline of head and shoulder top reversal pattern. Today’s gap down opening with spinning top candlestick pattern near lower band of Bollinger with oversold reading on stochastic indicator hints a possible recovery in this index. If index manage to open gap up tomorrow then short covering may help this counter to fill the gap and closing above 5730 zones would activate buy signal based on Bollinger band trading system.

Recommendation: buying nifty above 5730 with stop loss below 5690 (closing basis for targeting 5800 and more upside might be appropriate in short term.

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Nifty has given 40% Returns from March lows; Whats next are we ready for a decline?

Will Exhaustion Gap Halt the Down Trend in Nifty?

In this video we have explained what NIFTY is likely to do in next few sessions.

LET THE MARKET TELL WHO WE ARE

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