See how Nifty50 has held 18650 levels whenever pull back was happening, which I was telling from many days.
Now the nifty chart from October 2021 until today looks like a proper VCP. If Nifty break the ATH then we might see 2000-3600 points rally in next 6-9 months
PS: Not a reco
@Am_Shai Green line shows the callwriting OI and red line shows put oi. For every sell there is a buy so we can't tell who is having strength by that, rather who has bought and who sold matters more.
Timely profit booking is a skill.
"Stay invested for life" sounds good in books, not always in markets.
Capital grows when you know when to enter and when to exit.
if you can't speak about their right time entry, don't comment on their right time exit as well.
@iDavinderK But both are different as per me, one is broker and another is exchange. For a broker the challenges and competition is more. Currently there is no competition for BSE as there are no other listed exchanges. This will change once NSE is listed.
@Investment2S It even 24 hours and Skygold pulled back almost 12% and Krishna 5% pull back rest are slightly pulled back. Will wait for good levels to add
@MagicNifty Sir u had mentioned u don’t see any crash till 22500/22200 but before going to 24500 zone nifty crashed till 22182 right. Now one more bottom is possible or we will see one way up move to ATH again?
Nifty filled the gap created on 15APR2025 and formed a gravestone doji. As this pattern came after significant correction (13%) from ATH, I feel nifty might give some bounce to 24k/24200 zone to test the supply. View is invalid if we open below 22800🤪