Tuesday, May 19, 2015

What now?

Time Tuned Nifty

I had been sensing a high on 18 May 15.  Nifty did make a high, but did not go to the extent I thought it would go.  What may follow now is as below:

20 May : A low is scheduled and it may stretch to the forenoon hours of 21st.

Subsequent moves later, as much lower levels are likely to be targeted and higher levels may have to hold for some time now.  Key zones are 8380-8400 and 8200-8210.  Above the higher band, it may go on to make higher levels to reset the high.  Below lower band, it may even target 7300 or lower.  How and when?  Will emerge later.

For now, 1045-1100 is a high zone and may not cross 8380 for the day.

4 comments:

  1. hi! today nifty crossed 8380 but did not sustain,what to make of this move

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  2. Good to hear after a "silence" in JT.

    ReplyDelete
  3. Good to hear after a "silence" in JT.

    ReplyDelete
  4. now that nifty has closed over 8400 for 2 days in a row,we need your inputs,plz

    ReplyDelete