Hello All,
Nice falling channel has been forming and it’s currently at breakout stage. If it happens then it will go to 39700 and 40400 levels. Otherwise a correction will happen which might go to the lower levels 38000, 37500 and 36800.
But in long term we can see good bullish momentum and will break the all time high.
Please check the related idea below where you can find nifty analysis.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
Nice falling channel has been forming and it’s currently at breakout stage. If it happens then it will go to 39700 and 40400 levels. Otherwise a correction will happen which might go to the lower levels 38000, 37500 and 36800.
But in long term we can see good bullish momentum and will break the all time high.
Please check the related idea below where you can find nifty analysis.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
