Beware! The Stock market Bomb is now going to trigger

The stock market Bomb is wait for us.

The stock market Bomb is near to trigger. When this Bomb will trigger than  I think many middle man or small investors will effect.  

We have told you in the previous article you can see it here

Why we are telling the Stock market Bomb?


Technical indicators like RSI have seen a bullish crossover and negated the formation of lower top and bottom on the daily price scale. Now it must hold above 11,111 zones to witness an extra upmove towards 11,333 then 11,450 levels, while on the downside major supports are seen at 11,000 then 10,880 levels.

India VIX fell 5.36 percent from 20.68 to 19.57 level, giving some comfort about the bounceback move. 

Since it's the start of a replacement series, options data lay scattered at various strike prices. Maximum Put open interest stood at 10,500 followed by 11,000 levels, while maximum Call OI was at 11,500 followed by 12,000 strikes. Marginal Call writing was seen at 11,500 and 11,300 levels, while there was Put writing at strike prices 11,000 and 10,800. Options data suggested a wider trading range between 10,700 and 11,500 levels, while the immediate trading range lay between 11,000 and 11,400 level.

Bank Nifty continued its positive momentum for the second consecutive session and saw a followup buying move after negating the lower highs and lows on the daily scale. The index formed a bullish candle and gained around 700 points after holding well above 21,000 zones. Now it must hold above the 21,500 zones for a bounce towards the 22,222 level, while on the downside key support is seen at the 21,000 level.

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