Nifty could come to 5700 levels before touching 6000 - 6100 - 6200 - 6300 levels

Nifty could come to 5700 levels before touching 6000 - 6100 - 6200 - 6300 levels. there is more possibility for a small correction in the Indian index

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5800 should be touched , 5750 - 5700 are the next levels as of now

5800 should be touched , 5750 - 5700 are the next levels as of now

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Nifty touched 5777 on april 11th

Nifty touched 5777 on april 11th, i think this will be a start of a mega correction. so i will close all my long position and don't think nifty could touch 6100 levels. earlier i predicted nifty could again bounce back to 6100 levels. But now, some of the indicators turned negative today. so, bounce back may not happen.

some signals blinking, there will be a mega correction.

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Touched 5736 on april 13th

Touched 5736 on april 13th

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i guess April f&o expiry will be anywhere between 5700 - 6000

i guess April f&o expiry will be anywhere between 5700 - 6000

i don't think market will go beyond this level for this expiry

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Nifty touched the level of 5694 and bounced back

Nifty touched the level of 5694 on april 19th and bounced back to 5857 level on april 20th. possibly can touch 5900 - 5920 - 5940 I don't think market will go beyond this level for this expiry.

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There are some indicators turning negative

There are some indicators turning negative but my gut feeling says, market could touch 6200.

How ? see the chart

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There are some indicators turning negative

There are some indicators turning negative but my gut feeling says, market could touch 6200.

How ? see the chart

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My gut feeling not worked, as usual technical chart working correctly

My gut feeling not worked, as usual technical chart working correctly.

i said above : "some signals blinking, there will be a mega correction." that comes true. the market is now in 5450 levels.

so, it is once again clear, that we should follow technical indicators and not gut feelings.

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