Learner_

Will Nifty touch 12500 before Budget

Long
NSE:NIFTY   Nifty 50 Index
264 views
1
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 :)
Happy Trading

MSK
https://t.me/msk_bnf

Learning is a continuous process - 8 out of 10 trades will always teach you something new , so learn something that helps and unlearn few things to be more efficient

Comments

There is something wrong with fib level I believe. Alteast am not aware on what basis you have arrived at this fib level.
Reply