Nifty 50 started correction ..........
today's first half was an attempt to stay on the track by nifty but failed one.
now nifty has formed range bound 9470 -9520. as we can see triangle also on the chart ....
coming days will confirm if it is triangle or range bound condition...
But in both case it was failed attempt by nifty to break it...
So Nifty will move down furiously after defeat....
30 JUN 2017 targets
Nifty will touch 9470 by tomorrow
Be cautious on these level. It may go to range bound for intraday.
In another scenario
Nifty will open gap down below 9470 & will continue the downward journey towards 450 which is also strong support book most of the profit here...
Next target will be 9410 .
today's first half was an attempt to stay on the track by nifty but failed one.
now nifty has formed range bound 9470 -9520. as we can see triangle also on the chart ....
coming days will confirm if it is triangle or range bound condition...
But in both case it was failed attempt by nifty to break it...
So Nifty will move down furiously after defeat....
30 JUN 2017 targets
Nifty will touch 9470 by tomorrow
Be cautious on these level. It may go to range bound for intraday.
In another scenario
Nifty will open gap down below 9470 & will continue the downward journey towards 450 which is also strong support book most of the profit here...
Next target will be 9410 .
Trade closed: target reached:
First Target 9450 reached.
Trade active:
trading is active
Trade closed manually