Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Nifty weekly analysis....1-5 Feb
Nifty 50 Index
Nifty weekly analysis....1-5 Feb
By The_Trader14
Follow
Follow
Jan 31, 2021
2
Jan 31, 2021
Nifty made a strong bearish candle in weekly chart. It clearly signals that more downfall is yet to come.
Targets as per the fib retracement. Nifty is more likely to test 13100 in coming days.
After taking a full day support at 61.8 Nifty breached it on Friday. Clearly showing signs of more downfall. Enjoy the downtrend currently.
A big lesson to the people who dreamt of 15000 levels in the last uptrend. No trend in permanent in Market.
Be ready to switch sides as we are retail traders & we should go with trend not against it.
Stay awake and Stay cautious.
Note: Views only for educational purpose. Consult your financial advisor for any trade.
Chart Patterns
Technical Indicators
Trend Analysis
The_Trader14
Follow
Related publications
Nifty prediction for coming week.
by The_Trader14
Bears going strong on Nifty......
by The_Trader14
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.