Nifty Prediction for 09/03/2020
Nifty close 10989.45 Down by 279.60 High 11035.10 Low 10627.40
Short Term Down stop loss 11389 ST buy TP 11132
Long Term Down LT buy TP 12169
200 DMA Sell 200 DMA Buy TP 11828 Nifty is in 200 DMA has again given sell signal.
MACD Down
MA crossover Down
Key Reversal Down
Intraday Down Stop Loss 11046
Nifty 7 trend are saying DOWN and 0 trend is saying UP. If high of 11035 is not broken then nifty may go down. Overall picture is weak. But there are almost 12 days of downward correction. So there may be some upward correction if low of 10627 is not broken.
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Nitin Shripad Joshi
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