Hai Friends!!……. If you watched my blog since Jan 2020 you known all things what I told
On Budget day (01st Feb 2020) I was given red alert in my blog and twitter both…. What I mention ? (Click here for my red alert )
“Nifty strong support at 11930. If closes below the level ultimate Target 11100”
NiftyFuture below 11930…….. Ultimate Target 11500 and 11100 https://t.co/Y5NvXVYig9#Budgetsession2020 #Budget2020 #flyingcalls #Nifty #NiftyFuture #Sensex
— ARJUN-Investment Advisor (@flyingcalls) February 1, 2020
Same day Nifty was closed at 11661 fell 2.1% but after consecutive 8 sessions Nifty came back up to 12230. But I was very bearish until 12430 (life time high)
Again Nifty was broken the budget day low on 27th Feb
Then all known Nifty was crashed up to 7511 on 24th March by Covid-19 impact
I did not expect that much fall…… But I expect 11100 only
Let’s see……. When I changed to bullish ??
On 2nd June 2020, Nifty was closed above 9900 and I was changed to very bullish at the time but my stop-loss 8800 closing basis!!
Do you know ? Nifty was changed bearish at 11930 then changed bullish at 9900. Almost 2000 points gap (But low was 7500)
On June end my stop was 9500, On July end my stop was 10300, On middle of August my stop was 10800………. Okay Now ??
Yes……. While updating Nifty spot were trading at 11400, Now overall very strong support at 11100
Every declines can buy and keep a stop of 11100. Suppose once if closes below the level again trend will be changed to Bearish
Do you know ? Nifty bullish trend was changed at 9900 and recent peak was 11800. Again 2000 points gain
Now…….. Close watch 11100 ( Next week the level will be changing)
Flashback over!!!
If any comments let me know whatsapp 9865977321 and flyingcalls@gmail.com
Updated: 01.58 pm / 04th Sept 2020
