Showing posts with label market sleep 55 points. Show all posts
Showing posts with label market sleep 55 points. Show all posts

Saturday, August 11, 2018

3 points of prediction was correct...

Prediction of Yesterday  (10th August'2018)

(A) DII net trade -85.39 corers, that means DII just start to off load? Let see today’s activity.

 (B)Overall scenario shows that Market is in overbought condition, investors should be cautious, 

nifty future sleep
prediction fall
 (C) But be cautious at higher level, from day’s high around 65+points Intraday correction may take place.


                             11485 (day’s high)  -  11430 (days’ low) = - 55

My predicted 3 points (A,B,C) was in favor of Bears, and predicted fall will be around 65 points, correction was of 55 points.

This is the power of Technical Analysis.

what now is going to be on market
what now
            What now? Wait for Monday post….