nextgen

Nifty may fly or fall tomorrow.

NSE:NIFTY   Nifty 50 Index
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What's Nifty has stored in for tomorrow, it is on the edge, this in continuation to my previous analysis, it is still active and today it didn't break 8057 level and reversed touching 8055.20 so tomorrow is the deciding day whether to go up or down. If nifty opens green then breakout will confirm and it may target the resistance around 8200 or if breakout doesn't occurs it will continue to go downward target 7670 in near term. Trader may wait till breakout and enter accordingly.

Comments

GONE THROUGH YOUR POST GOOD ANALYSIS
ALWAYS MAKE OR BRAKE
SO LETS WAIT WATCH AND THEN TRADE
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nextgen anupminj7
@anupminj7, exactly when something is trading on edge, so its better to wait for the direction and enter accordingly.
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