Sunandamedi

NIFTY - CROSS 11,670 TO REACH 11,718!

Sunandamedi Updated   
NSE:NIFTY   Nifty 50 Index
BUY SIGNAL OBTAINED.

PRICE SEEMS TO HAVE REACHED THE TARGET, AS THE SIGNAL IS FEEBLE.

BUT, THERE IS A POSSIBILITY THAT IT MAY TRY TO REACH 11718. FOR THIS TO HAPPEN, THERE IS A RESISTANCE AT 11670.

IF ANY OF THE INDEX MOVER SCRIPS LIKE HDFC TWINS / RELIANCE / ITC MOVES UP, EXPECT THE RESISTANCE AT 11,670 AND 11,718, WILL ALSO BE OVERCOME AND NIFTY WILL HAVE NEXT TARGET AS 11,880.

WHICH ONE OF THEM WILL TAKE THE RESPONSIBILITY?

IF NONE OF THEM CONTRIBUTE, THEN EXPECT NIFTY TO DROP.
Comment:
Today high 11,706 (nr to 11,718) reached!

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