NIFTY SPOT VIEW 23-09-2020

Nifty @ 11100 (Spot)

This is most crucial time to predict the Nifty INDEX at this level. Most of the time its a physiological prediction hint on mind to buy for small bounce back. But this is all time failure to predict the direction of NIfty and stocks.

As per chart the price is not attractive as of now against the NIfty Index value. More Pain coming on stock market as per technical data which I mentioned on above.

Mostly It can kiss 11040 - 11000 level and more. Feeling not good as sentimental is not good at this time.The COVID-19 situation and the daily effect digit is not good for the market also.

Both technical and the sentimental zone is not on good. So release your fund or hold your fund to invest on dips.

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NIFTY VIEW 24-09-2020

This is pain of time. If you not booked then u have to seen to RED sign of your portfolio and if u book then u can not wait to re-enter your position. On daily chart there are not much good sign as per my last post. I am also little much confused with Market sentimental. If you can then go and chill with your other work for a while. Hahahaha. Bcz its not sustaining till now and will be on next few session. But when I saw the intra small time frame chart then there are some sign at this point. Some how some lower side accumulation process can possible at this point. The Clear view on CCI which also indicate the support line. Some uncertain selling pressure can possible because of broker sell-off. I must say if you want some small hedging then you can try at this point. I also mentioned the NIfty Buy View on my Twitter handle for next 2-3 trading session. Let's hope for the best. Follow Twitter - @subham2010 Follow FB Page - @ Silent Trader1 Follow Youtube - @Silenttrader1

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