sreebhashyam

NIFTYNEXT50: Next in Line!

NSE:NIFTYJR   Nifty Next 50 Index
When there is a count and counting, when there is a wave! it is going to be across. I am not referring to the elections or the outcome. That can take rest some where else. In the ultimate analysis it is a spec without specifics.

This one is interesting, NIFTY Hit the bear's grip, what next if anyone asks, simple answer is NIFTYNEXT50.

Logical conclusion or irrational inference, only markets would unfold. What we see is what one should infer.

When the weight of evidence suggests, one can do is to wait to buy, or sell and buy or just simple do nothings. Choose your play and plot is always the mantra.

Minor trendline broken, this one is not a weekly frame. The large bear candle and the subsequent candle with large upper wicks are potent to the path of south.

One move towards low 62000 looks the way for now, we are currently around 63400.


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