NIFTY50 Towards 19991-20000?
19600 has been a resistance and also 2.618 level acquired from tracing fall during COVID 19 and applying FIB retracement to it.
today on 6th Sept 23, after establishing a strong support at 19490-19500 (during sept 1st week) NIFTY finally broke 19600.
looking at the channel break during last week of August 23, I personally think we might touch 19991 or even 20000 in September 23 itself.
please leave your feedback in comments :)
PS: new to charts so pleas dont mind my drawings :P
today on 6th Sept 23, after establishing a strong support at 19490-19500 (during sept 1st week) NIFTY finally broke 19600.
looking at the channel break during last week of August 23, I personally think we might touch 19991 or even 20000 in September 23 itself.
please leave your feedback in comments :)
PS: new to charts so pleas dont mind my drawings :P
Comment
this is not a stock advice and any views expressed are for educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.