Rachit_Sethia

#NIFTY #SENSEX #BANKNIFTY #TSLA #RELIANCE #AMZN #BUDGET2021 #NSE

NSE:NIFTY   Nifty 50 Index
Wondering where will NIFTY move?
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A plain and simple analysis. Expected price movements.
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A. Jan 8th/21 Open: 14258.
FIIs buy in of 6k Cr. in one day.

B. Jan 20th/21 Close: 14753.
Nifty all time high.
Around 550 points jump from point A. (In white straight line)

C. Jan 29th/21 Close: 13634.
FIIs sell off around 6k Cr. in one day. Maximum since lockdown. Down move expected.

D. Feb/21(E)
Expected to make the low of 131XX. Market move in patterns. A reversal expected from 131XX levels.
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131XX makes a Fibo retracement levels of 23% since lowest of pandemic levels .
When ever NIFTY around that levels, u can invest the best funds.
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