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NIFTY AT CRITICAL JUNCTURE.

NSE:NIFTY   Nifty 50 Index
NIFTY IS HOVERING AROUND 12181 WHICH IS IN THE CRITICAL ZONE
WHERE MAKE OR BREAK MAY TAKE PLACE.
HOLDING OF THIS ZONE IS VERY IMPORTANT.
IF NIFTY FAILS TO HOLD THIS LEVEL NEXT IMPORTANT LEVEL IS AT 12054.
AT THIS POINT THE STRENGTH OF BULLISHNESS OF NIFTY IS FOR A TEST.
AS AT SEVERAL SITUATIONS NIFTY HAS RECOVERED FROM ADVERSE TECHNICAL INDICATIONS
IF NIFTY RECOVERS IT MAY TOUCH MUCH HIGHER LEVELS.
JUST IF WE LOOK MINUTELY AT THE CHART (IN DAILY TIME FRAME) SOME HARMONIC PATTERN INDICATING MUCH LOWER PRZ ZONE.
CERTAINLY BULLISHNESS OF NIFTY IS NOW AT TEST.

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