NIFTY Ranging or Taking off ?

8 июн. 2020 г.

Let go to 10222 and back down to 9954 then smash 103500 by Wednesday.

Golden cross is happening on the 4hr and this should just be a little dip and bounce.

We attempted 10350 today got knocked back til 10120ish where the 99 day is giving support on the 15 minute time frame.
If we do loose the 99day on the 15min which i doubt then i'd be looking for the 9800 zone test.

Looking at the graphs of what makes up the nifty, most looking Uber Bullish and eager for new all time highs.

i'd say we are going to smash this 103500 pretty soon.

Reason i'm saying we go down after 10700 is a possibility is because..... i'd do that if i were a whale and long squeeze every high leveraged degenerate out there :)while reloading my bags at cheaper prices, plus this is becoming too predictable so need a red herring.

My original target for 10500-10700 zone being the key still stands and waiting to see how that works out..
I mean seriously we can't just keep pumping ,can we ? Look out for shorting possibilities the fall will be beautiful.