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Young-Money
Jun 15, 2021 11:40 AM

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

Nifty 50 IndexNSE

Description

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 NSE: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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