msk_analysis

Will Nifty touch 12500 before Budget

Long
msk_analysis Updated   
NSE:NIFTY   Nifty 50 Index
Most discussed topic these days is - has Nifty peaked out and correction on cards

My view - Not yet , it still has some steam left and can possibly touch 12500 before the budget

will it reverse from 12500 - Possibly yes

reasons - 12500 is near fib level as given on charts
- channel upper band

my Trade - long with a target of 12450

happy trading

MSK
Comment:
12430 opening today :)

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