Pay Now - Flat 10 % discount available.       Learn "Technical Analysis and Trading Systems" for MCX, NCDEX, Equities & Global markets trading / Investment- new online batch starts soon - contact @ 9166242820.       New Feature Added - Pre-Market Analysis (for Intraday trading).

Thu, 21st October 2021

Pre Budget Nifty on Technicals

Nifty Spot Trading its key decision making area, which decides its long term positional trade.

As we told you in our previous post.

We keenly looking for 7053.90 (7055 roughly) levels on Nifty spot, May be served as a Line of Control between Bulls and Bears.

Just watch

Nifty Spot LoC closing basis 7053.90

LoC

Nifty Spot LoC closing basis 7053.90

High probability Bulls may control short term command for near term after budget.

If prices manage to trade above 7053.90 ……. We are looking market may test 7234 …..then upto 7351.

In downside means only below 7053.90 maintain price (Stoploss for bears )may enter in severe panic and can test 6576 in short term.


Learn to take your own decision.

Leave a Reply

Your email address will not be published. Required fields are marked *

 

X

Risk Dsiclaimer

www.technicaliq.com, markets view is purely based on general guidelines of Technical Analysis. As markets are very dynamic by nature, so forecasting of markets is subject of probabilities not certainties. Before you get started with trading in the financial markets, you should consider your trading and investment goals, objectives, trading experience and your personal risk tolerance.We do believe subscribers/viewers acting on these recommendations or views after assuming all the risk involved then reach to actual judgment for buy or sell. Our site will never ever create any intention for bad information. This is only for your information and guidance. For more information visit:

http://technicaliq.com/terms-and-conditions/