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Saturday, 19 May 2018

Equity Market Analysis For 21st May 2018 : Fall of BJP Govt. ... Now Be Ready For A Gap Down.


Good morning friend, this is my first post on market analysis after a long break but i will try to help you out maximum as i can. well today as you all know or dont but an event based movement day where market will react on BJP govt. fall in Karnataka through out the day, so here just be careful while trading.


Now lets discuss about today's probabilities-

Last Friday Nifty spot closed at 10596.40 where its high was 10669.7 and low was near 10589, it means our index closed around day lows which indicates that sellers remain in strength through out the day and after Supreme court's decision against BJP government just pumped up selling pressure.

Now what to do ??  

Nearest Numerological Support zone  is  10541---10518 in downside which indicates that Nifty spot has scope of downside upto 50-60 points from yesterday's closing price.

" Smart Scalper Can Buy Nifty Around 10540-10530 (spot level) for immediate bounce of 20-25 points.

Upside Troubles :-  Now suppose if It moves slightly positive then where it can face sellers supply ??
According to me Nifty will face trouble around 10612-10627 near where one can find some selling side scalping opportunity.

More Key levels In case of bigger move :- 

Downside 10456--10545.

Upside problems :- Above 10635 it may move upto 10691---10702. 



Friends today i am posting about Nifty only... i'm not going stocks specific but soon in next 24 hour i will update my commodity analysis also, so keep visiting this site........and yes don't forget to comment your views. If you find any better suggestion then please submit in comment box.



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Himanshu Tiwari & Market Prophecy Brand Name Are working In Filed of Research over Astrology & Stock Market Relations.

Here in this blog i'm publishing articles related to Stocks/Index/Commodity & Currencies as well as General Astrology & Numerology. All the articles which are published by me are based on Numerology and Astrology Concepts. After SEBI regulation came on advisors, I'm posting only educational articles and Quality Stock Analysis based on Numerology.

Disclaimer : I haven't Register For SEBI Adviser Regulation as i publish articles based on Numerology & Technical for Educational Purpose only.