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nbisgreaTrading
Jun 23, 2020 10:36 AM

Nifty - A game changer? Short

Nifty 50 IndexNSE

Description

After lot of remarks that market is rallying to 13000 *as said by many to me, it might happen too, its news, its power of money, it even can, but in earth is it actually possible??
Take a look at Nifty 1D chart, similar pattern and that breakout is seen nicely

So, will speak less and observe more here. No harmonics, no wave, nothing, simple PA.
Only any close above 10553.3 in weekly is pure bullish.
10553.3 is 0.61.8% Retracement!
Comments
ashoksamuel02
NIfty cannot move above max 10800 the swing low high fiv level has already reached the target today...even till 10800 max is a stoploss hunting
nbisgreaTrading
@ashoksamuel02, true, even gap is alsl there. but high chance that it might stick
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