Nifty, as we have seen the past upside bull range with continuous higher highs with no breaks.
But looking in the next scenario which can be seen on downside facing higher Resistance on upper side.
Expecting bull range is done formation of head & shoulder could be expected in upcoming days key Resistance 11720 {STOPS} Downside levels -- 11350--11080--10680 TIME FRAME -- 1 OR 2 MONTHS {VIEWS ARE FOR EDUCATION PURPOSE ONLY.}
Trade active
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1ST TGT 11350 HAS REACHED.
WAITING FOR ANOTHER TGT
Trade closed: target reached
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nifty has made low of 11084 around the target of 11080 levels. 2nd target almost achieved.