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Monday, March 13, 2017

(2) Nifty Chart & Intraday Strategy For 14/03/2017 ::


-          Nifty Spot ::
-          Small Black Candle in sideways momentum.. Awaiting Election result..
-          MSi ( My-Charts Sentiment indicator ) flat at 41..
-          Short term indicator hanging in overbought zone.
-          On 14th March after election result, overall momentum bullish but in overbought zone..Risky at higher level.. May be tricky manipulation is there..
-          Next resistance level 9119 (June. 2015 high) above it near 9200 to 9250 strong resistance zone..

-          In intraday trading on 14th March.. Be careful, Stay a side.. OR aggressive trader wait first 10 to 15 min, after it, if you get chance near morning top then sell with high small stop-loss which  made in between 9:15 am to 9:30 am on 14th March 2017 ( Stop-loss must be)

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