Tuesday, 14 July 2020

Market view for 15 th july


  • Nifty after starting a rally on July 1 @ 10336 levels gave an halt signal today morning @ 10720 levels.
  •  In coming days market will be very volatile with immediate resistance @ 10665 and 10730 levels.Immediate support @ 10560 and 10500 levels.
  • As per my strategy this is the period to abstain from market.
  • I will enter market only whe 8 ema cross over with 50 ema in hourly,15 MTs or in 30 mts after giving a false cross over in all these time frames.
  • Moreover for conformation we need a Bollinger band breakout too in above time frames.

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