Price took the previous support level and moves up strongly. First target achieved in a day's trade which shows how bullish the price is, so the second target of 11360 will be reached shortly and the ultimate target of 11600 will be reached within this week if this bullishness continues.
LOOKS VERY DIFFICULT TO CROSS 11310 IN NEXT 2 DAYS. 62% PULL BACK IS DONE TODAY(AT 11305)MORE CHANCE OF STARTING DOWN TREND FROM TOMORROW.ONCE BREACHED 11150 NEXT TARGET IS 11800/11555.
mcpriceaction
⋅
@ckirtane, i do have the same view ,see my nifty analysis,high resistance seen at 11300, nifty sustain above then fully agree with trader sai, otherwise 11100 is not far away. see cholafin,acc,srtransport trade setup which help you to tell how to set perfect trade setup.valuable comments and repo to add always welcome
bhamve
⋅
thanks for sharing, pls post your views on nifty more often