satheeshSelvisubramanian

NIFTY 1D Time Frame Analysis

Long
NSE:NIFTY   Nifty 50 Index

Current Situation:
1) Took a support @0.5 level of FIB(16747.70- 18887.60)
2) Double Bottom Formation
3) MACD Cross Over Along with histogram in positive territory
4) Parallel channel Support


Current Trend-- Upward Parallel channel

What to Except:
Once it breaks trend line , we can except target of 19k (until it breaks Parallel channel in Down side)


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