ChandraBose2002

Just My view on Nifty for next few days.

NSE:NIFTY   Nifty 50 Index
**Nifty near at 38% of Fib level and at major support area and respect 5 months trend line ..breaking 11760-11740 then expected more down fall of 150 points to 500 points and upside closing >11850 then upside 100-300 points in coming few days.**
Comment: Nifty is taking good support at major support 11680-11700 and trying to bounce back....closing above 11790 to take upside or break 11680 then more fall
Comment: As per my yesterday view nifty make low 11640...100 points today...also closed all major supports with fib 38% and trend line today...May it go down till 50% fib level of 11550 or closing below more downfall till 11320(61% level) in coming days.... Major support 11550 and 11320...may uptrend start if closing above 11790...
Comment: Expected to gap down opening and downfall off 50-100 point in starting session of 60 min...
Comment: Low 11536....110 points..expected go more as fib 50% level breaked...closing below 11550 then go more down.
Comment: 26Feb2020 my view on nifty..from 11760 to 11269(today)...490+++ in Just 3 days...

Just share your feedback on my views or request which help me to analysis more on technicals ...
Comment: Today low was 11175...overall 580+++ points in Just 3 Days

Comments

thanks for drawing Fibonacci
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kjh;
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