Umang_Sharma

Nifty: September Month Prediction

Long
NSE:NIFTY   Nifty 50 Index
The present analysis is derived from 2008 and 2011 fall and historical retracement.
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12101: The last level until nifty can rise without correction based on previous fall analysis.
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10400: If correction happens this month then nifty might test 10400 levels which is a healthy retracement of 0.618 levels of fibo.
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Retracement is imminent for a healthy economy. Higher-High and Higher-Lows are must.
Comment: Moved as Expected.
Comment: Nifty @ All-Time High. Planning For Retracement trade.