Nifty, next stop seems to be around 7808 in the coming week
The trend lines seem to intersect in the right situations and in-line with fib retracement level. It would be great to see nifty pan out this way. If Nifty crosses the 7808 level while laying below the resistance trend line, heavy downside can be expected.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.