Post BJP Win on Gujarat Election, Nifty tested all time high, Its time to re-evaluate the trend in many other ways. So many alternatives and possibilities are discussed here. Since I am travelling - Can't discuss all the Indices and Stocks. Only NIFTY this week.
>>> Nifty Daily Chart - Alternative One <<<
>>> Click the chart to see on full screen <<<
First Alternative - Must Hold above 10490-95 and if crosses above 10530 may trigger another 300 Points Rally.
>>> Nifty Daily Chart - Alternative Two <<<
>>> Click the chart to see on full screen <<<
Second Alternative - May be @ ABCDE - Possible Resistance @ 10490 - 10530 - 10665.
>>> Nifty Hourly Chart - Alternative Three <<<
>>> Click the chart to see on full screen <<<
Hourly Chart - Give is a Bearish Scenario Alternative. If Price failed to hold above 10495 - a Deep correction may test Gujarat Election Results Day Low - Can't be ruled out.
>>> Nifty Hourly Chart - Alternative Four <<<
>>> Click the chart to see on full screen <<<
This alternative shows - a Supper rally till 10600 and 10740.
>>> N4A-Whatsapp <<<
