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UnknownUnicorn6418960
Jun 11, 2020 4:20 PM

NIFTY TRENDLINE WILL BE SUPPORTED? Education

Nifty 50 IndexNSE

Description

FOLLOW

Trade closed: target reached

gap filled
Comments
rajiv_n
Can you please interpret the charts, what would be the target for nifty for tomorrow and next few days
UnknownUnicorn6418960
@bwbcpe, 9692 to 9585 target stop 10177
rajiv_n
@WILYTRADER2020, Thank you
GAURAVJAIN0711
Sir for educational purpose two questions
If this trend line sustains and nifty again move up to test upper trend line then breakout will lead to bottom out of nifty ?

And if this trend line breaks then can we say that nifty entered in bear market and 7500 will return?

Kindly reply as it will help me for learning thanks.
UnknownUnicorn6418960
@GAURAVJAIN0711, it has already bounced off gap see
GAURAVJAIN0711
@WILYTRADER2020, yes a sure bounced off.. strong trend line thanks
koushikgilly27
Think we are opening below this, as of now atleast so what comes into picture then if we open below?
UnknownUnicorn6418960
@koushikgilly27, I HAVE POSTED ANOTHER IDEA U CAN GO THROUGH GOODLUCK
kamathsunny2
Its a 200 gapup..........divergence yet pending for 10500 target..monday is big gapdown
pratikdabhi19198
Tomorrow big gap down open possible...so i think its open just above your trendline...
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