Saturday, December 08, 2018

Whats Next...Make or Break...!!!

Dear All,

Its going to be a Make or Break Week for NIFTY & Bank NIFTY. Not sure about the Exact validity of the Head & Shoulder Pattern given on below charts, thought the Resistance and supports looks valid. Expect High volatile next week, since lot of events and news flow may give knee jerk reaction. Trade with Extreme Caution. 4 States election results and related news may dominate for Monday and Tuesday. Even if BJP loss in 4 state election, Market won't consider it as a big failure and Don't expect any Big crash also. My personnel view is,... Only global bad news may trigger a Big Selling.

>>> NIFTY Daily Chart <<<

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Resistance @ 10930 & 11170. Support @ 10560 & 10420.

>>> Bank Nifty Daily Chart <<<

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Resistance @ 26165 & 27650. Support @ 26060 & 25620.


>>> WeekEnd Performance till 07th Dec, 2018 <<<

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Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision.

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