ashoksamuel02

NIFTY IS TRADING AT THE COMPLICATED LEVEL

NSE:NIFTY   Nifty 50 Index
If NIfty shoots upside it can topout at the previous high @ 11341.
if it breaks down 11165 then it can trade below the neck line placed at 10880.


Upside target : 11243, 11300, 11341, final 11377
downside target : 11111, 11055, 10880 , if the neck line is broken then the direct target will be 10580 and 10551 which is 1.618 level
and the STOPLOSS HUNT IS till @10400.
Trade active: Nifty is trading perfectly has per the technicals..the double top has topped out and went for a selling
Comment: Nifty has tested the channel's support and tried to even break...the channel started from march 2020 low