Souvik_mon

NIFTY CAN GO UPWARD AFTER A RETRENCHMENT

Souvik_mon Updated   
NSE:NIFTY   Nifty 50 Index
IN NIFTY 9600 IS A HUGE RESISTANCE, BUT AS NIFTY BROKE CHANNEL IT CAN MOVE UPWARD.
BUT THERE IS A TWIST, AS PER RSI IT IS OVERBOUGHT, SO NIFTY CAN RETRENCH TO 9430, 9270, AND AFTER THAT IT MAY SHOW A UPTREND UPTO 9770,9880 TO FILL GAP
Comment:
This idea is for weekly basis

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