NIFTY OUTLOOK
Updated
Previous NIFTY OUTLOOK post was an indication for the Expected Bullishness. No surprise NIFTY didn't disappointed at all.
For 11th OCT the mentioned support level was 17841 and NIFTY shooted up exactly from the mentioned level.
For 12th OCT the mentioned support level was 17863.50 and NIFTY shooted up from the almost the same dot to dot level .
Link to my previous idea if any ones wants to study or verify:
As the NIFTY has closed above trendline "B" now the previous mentioned targets the GANN LEVEL ie 18110.90 and the extended golden ratio level ie.18253. 40 are still active.Those who are unable to understand please follow my previous NIFTY OUTLOOK study, link has been given above and in update idea section.
If you regularly go through my ideas and find it useful, please like and Follow. It keeps me motivated.
Chart & Analysis – ADARSH DEY
For 11th OCT the mentioned support level was 17841 and NIFTY shooted up exactly from the mentioned level.
For 12th OCT the mentioned support level was 17863.50 and NIFTY shooted up from the almost the same dot to dot level .
Link to my previous idea if any ones wants to study or verify:
As the NIFTY has closed above trendline "B" now the previous mentioned targets the GANN LEVEL ie 18110.90 and the extended golden ratio level ie.18253. 40 are still active.Those who are unable to understand please follow my previous NIFTY OUTLOOK study, link has been given above and in update idea section.
If you regularly go through my ideas and find it useful, please like and Follow. It keeps me motivated.
Chart & Analysis – ADARSH DEY
Note
First Target Achieved.Note
Target of TL "A" Touched. This may act as a small resistance.Trade closed manually
Second Target Achieved.Trade closed manually
NIFTY it went above the mentioned target of 18253.40. But surprisingly the mentioned target was acting as the support for NIFTY for the entire Day. I thank NIFTY for respecting my study and Chart.
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