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SA_Financials

Nifty 50 View For Upcoming Week.

Long
Nifty 50 Index (NSE:NIFTY)  
SA_Financials Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Wave Analysis NIFTY niftytrend nifty50 niftyanalysis niftyprediction niftyoutlook niftyview niftylong
3
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trendanalysis chartpattern waveanalysis nifty niftytrend nifty50 niftyanalysis niftyprediction niftyoutlook niftyview niftylong
Complete analysis and all the levels are mentioned on the chart.
We may expect a small consolidation range for 1-2 days and then Nifty-50 is likely to continue it's uptrend.

Thanks
SA Financials
Comment:
Update 1- Nifty is moving exactly as per our analysis so far. It took resistance exactly from the first resistance zone marked on the chart. As mentioned earlier itself that it will halt here for some time and then breakout on the upper side most probably. Keep holding to all the long positions with 14900 (Nifty spot) as SL.
Comment:
As, clearly mentioned in the last update (^) , nifty can halt at the first resistance zone for a while and then probably it will clear it out! Yesterday, the first resistance zone of 15250 was taken out and the closing was at 15300. Now, for today if in the first half of trading, if nifty trades within a close range and then around 12:30-1:00 pm it tries to break the range on the either side we can see a good momentum. However, the trend is still bullish and nifty is likely to test 15400-15500 in 3-4 trading sessions. Be positioned!
Comment:
So far so good! Everything going as per our analysis. Even, yesterday's update clearly mentioned a one sided move after the consolidation range breakout. In the above update it is clearly mentioned that we will test the ATH soon and here we are! Be positioned for the further rally.
Comment:
Wohoo! That was quite fast. Nifty 15500 done. Clearly mentioned these levels on the chart. Keep holding to all the long positions with SL as 15000 (Nifty spot). Also, keep a check on Reliance Industries, it will lead Nifty further now.
Comment:
15800 also done! Still good to go for 16000. Keep holding patiently.
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