Nifty had a strong rally on the first day of the expiry week, many strong stocks that went into consolidation phases have began to rock with fabulous gains. And there are more such wonderful recommendations today on our bttcalls stock recommendations site. NIFTY on the daily charts is yet to get into bullish mode, it has a direction to go short and find a right opportunity for doing so on the 60 minute chart. The 60 minute chart is yet to get good weakness to short as it is traversing higher terrains now. As the daily Nifty is at the top end of the sweet zone, a further rally and close above 5012 today will take off the bearish direction on the daily charts, while there will be a short opportunity activated on the daily chart. For a short to work on the daily, there should be a Green impulse day followed by a blue impulse to allow a short. Wait in patience for such a formation and climb on the bear to make a fabulous fast buck on the short side of the market.
The NH-NL index for Monday rallied up considerably preparing the stage for a bullish divergence when the next bear move occurs on the daily chart. This will add strength to the forthcoming long trade on the 60 minute charts. This week has a slew of opportunities with high probability winning trades awaiting prosperous traders. Take a jump, swim with the tide and in the bargain get rich too.
Have a happy trading day.
No comments:
Post a Comment