Nifty @ 10000 by Dec'19
Market has moved up sharply and touched the upper resistance of a channel in daily time frame. If the channel holds, we can expect to see Nifty at 10000 level by end of this year. Looks like a good time for short traders..
Note
Start has been good.. near a strong resistance around 11100-11150. It may consolidate a few days around this level and then breaks down towards 10000.
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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.