Sunday, 6 September 2015

CNX NIFTY Spot : Will It Slide To kiss 7506 to 7328 level in PANIC ?-Detail Analysis.


The goal is to get the right price, not the lowest price. A “low” price is useless if volatility gets you stopped out.
Above is Weekly Chart of CNX NIFTY
1-POSSIBILITY
This Week :Below 7626 level…………..?
Slide Up to  7506—7446 is possible.
Yes ,Now Suppose Closes below 7446 then ?……….Will Update More 
2-POSSIBILITY
Weekly Box Chart Indicates :
7527—————————-7328 are Support  & Down Targets.
3-POSSIBILITY
HEAD-SHOULDER FORMATION
Just see Above Chart & See Neckline Was Broken at 7944 level.
Head Height :905 Points.
Yes ,Below 7944 level :Gates for Nifty Crashing Up to 7039 level are Bright !
Will It cross 7900+ level First or Will it crash to kiss 7000 level.
A Million $ Question …………For Traders/Investors.
gap
Thirsty Traders :Look at Daily Chart and see Two Gaps already happened on chart
2-GAPS
Above is Daily Chart of Nifty Spot
1)Gap at 8359.75 
2) Gap at 8225.05
Tomorrow 3rd Gap & Reversal ??OR NO………….?

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