ดัชนี Nifty 50
Long

Nifty - The Strong Reboot?

166
When everyone one in the room is bearish by the moves Nifty showed this last 2 weeks, I am bold enough to say the worst may be Over!

1. War probably may not continue or will have a negotiations. May be Rulers like war but people love peace.

2. Trump's Tantrums started having some pushback in no war participation by many countries.

3. How agenda of Oil business & Dollar seems to be in sight.

4. US Market ready & pressures for upside, he has already set the ground for a Big move with next Fed meet.

5. India specific economics - Many companies will start giving earnings - even a minor positive news draws attention in turmoil days!

Today's Move was just -

Technically last Working day of this financial year. Since tomorrow is a settlement holiday.

Reaction to the new Guidelines, Tax Rules, Leverages etc. Smart Money has already started turning around.

Now the Technical -
Observe the monthly chart, whenever we had such a monthly candle at support level, w majority & Mostly it has bounced!

I am expecting 2-3 months bullish candles to create monthly inverse VCP before further sell off! Time to spot reboot stocks?

Go check RS strong setups!

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