Nifty will look for another 300-400 points on upside Long

Nifty 50 IndexNSE

Description

⋅ Jun 7, 2020 3:57 PM

Nifty takes strong support around 10000 level.

It looks to break recent swing high 10175. If it breaks then move upwards till Fibonacci 161.8 level (10558).

And also it has strong static and dynamic resistance around 10600 level.

So my view is if it breaks 10200 level, may expect another 300-400 points on upside.

Trade closed: target reached

⋅ Jun 24, 2020 10:45 AM

Nifty reached my target (10500) by made high of 10553.15.

Comment

⋅ Jul 2, 2020 10:55 AM

Nifty made high of 10598

Trade closed: target reached

⋅ Jul 2, 2020 10:56 AM

Nifty reached my target (10600) by made high of 10598.

Comments

jaydebbera94

⋅ Jul 2, 2020 11:02 PM

what about there after can we see downtrend

skymahi

⋅ Jul 3, 2020 1:44 AM

@jaydebbera94,

We can expect halt on 10150 level too.
And also I may go upto 10850 levels on upside.
So be patient till breaks 10150 if you are conservative.