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Nifty

Discussion in 'Technical Analysis' started by myidgmc, Dec 16, 2014.

  1. myidgmc

    myidgmc Member

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    Looks like nifty broken major support level 8084 and next support levels are 8000,7850.

    I am planning to buy Nifty Put @current level if this analysis is correct.Please confirm.

    Thanks,
    Ram
     
    myidgmc, Dec 16, 2014
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  2. jignesh_acharya

    jignesh_acharya Active Member

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    It is better not to trade now. And let it to settle and create bottom.
    Wait and watch would be good if you don't want to loose money. Because after such down side there may be slight up movement may come after any time.
     
    jignesh_acharya, Dec 16, 2014
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  3. shabbir

    shabbir Administrator Staff Member

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    Exactly. I was hoping this correction for quite sometime now.

    Exactly. Do a wait and watch game.
     
    shabbir, Dec 16, 2014
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