NIFTY Detailed Forecast. [June 16: Breaking the Barriers]

Jun 15, 2021

The Start of Bull Rally

• The Game is Moving to the Bulls now.
• Price Action is Gaining Enormous Momentum.
  Sequence of Gap Up Openings increases the Momentum.
• Diverging DI+ and DI- and ADX is at the Best Level Right Now for this Momentum.
  
  
• Expecting a Gap Up Opening at +69 Points.
  
  
• Fibonacci Circles are Recommending a Potential Buying Pressure.
  
  
• 15,799 Level will be useful if Price Action hit that.
  
  
• Today there are some Institutional Investors came to the Ring. (Candlestick Analysis)
  
  
• Momentum is again Balanced today.
  Mostly at the Post Market Session
• On June 16, 2021 NIFTY is Expected to Move 100+ and a Dip Value of 83 or 38 Points.
  
  Expected to Hit the New Milestone of 16,000.

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