NIFTY 9754 BOUNCE ? 12th June
Still on track with us looking to range and confuse people some more, in my opinion. This week should close closer to the uptrend line as possible as of now i see
9754 or 9584 where do we bounce from ?
As for Monday maybe a slight slow bleed but by Tuesday in my opinion we are back on track to breaking 10300 zone .
Prices just are not attractive enough for institutional buyers and greed index needs to calm down a little.
As for the 3 moving averages above they are going to be offering major resistance and expect reversal from that zone if it does happen.
feel as if the market is slightly confused so leaning Bearish for now till the demand kicks in and we all become Bulls again.
9754 or 9584 where do we bounce from ?
As for Monday maybe a slight slow bleed but by Tuesday in my opinion we are back on track to breaking 10300 zone .
Prices just are not attractive enough for institutional buyers and greed index needs to calm down a little.
As for the 3 moving averages above they are going to be offering major resistance and expect reversal from that zone if it does happen.
feel as if the market is slightly confused so leaning Bearish for now till the demand kicks in and we all become Bulls again.
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