MehulJain3a

Nifty to Retest its Trend-Line

MehulJain3a Updated   
NSE:NIFTY   Nifty 50 Index
11
NSE:NIFTY

Nifty will test previous trendline

Possible retest range 8270 to 8350

if NIFTY breaks Trendline then Target 8561

if NIFTY fails to break then possible target 8023
or even a new low.

Note : this is just a view, i'll update you with trading
opportunity when their is a clear direction.


now market is trading sideways. very risky to enter.
Comment:
See what happened when NIFTY failed to break Trend-Line. (Oct 2016)
Comment:
See what happened when NIFTY broke Trend-Line. ( 16th Dec 2016)
Comment: any of the case it is BIG profit with a SMALL risk.

thing is just you have to be patient and wait for the opportunity.

sometimes doing nothing is the best thing to do, and very few people have mastered this skill.
Comment:
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