Hey guys!
Our weekly target of 16696 was hit on Monday itself due to a gap down and fall in nifty.
Yesterday and today, the markets have recovered and started the move from swing low to swing high. Therefore, the expectation tomorrow is bullish with a target of 17024 and 17170 after which nifty has the decide the direction.
However, the trenline is important and if it is broken, it can lead to a huge fall again.
Expecting a Gap up opening tomorrow and if Nifty opens in the channel shown in chart, it may consolidate after touching 17170 for a while. Break out from that channel is important and decisions can be taken based on that.
Please comment your views and ideas 💡 🙏. Thankyou!!
*for educational purposes only*
Our weekly target of 16696 was hit on Monday itself due to a gap down and fall in nifty.
Yesterday and today, the markets have recovered and started the move from swing low to swing high. Therefore, the expectation tomorrow is bullish with a target of 17024 and 17170 after which nifty has the decide the direction.
However, the trenline is important and if it is broken, it can lead to a huge fall again.
Expecting a Gap up opening tomorrow and if Nifty opens in the channel shown in chart, it may consolidate after touching 17170 for a while. Break out from that channel is important and decisions can be taken based on that.
Please comment your views and ideas 💡 🙏. Thankyou!!
*for educational purposes only*
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.