The_Trader14

Nifty near to .786 retracement. Will this be a turning point?

NSE:NIFTY   Nifty 50 Index
Nifty is near to the . 786 retracement and be watchful around this place.

Nifty might breakout or breakdown from this level.

If Nifty breaks out then 11500 will be immediate target.

If nifty break down then 11100 will be the immediate target.

Reliance results out on July 30. Keep an eye on it as it plays very important role in the Nifty movement forward or backward.

Playsafe and Happy trade :)

Note: View only for educational purpose.Consult your financial advisor before any trade.
Trade closed: target reached