vinodhs77
Education

Nifty

NSE:NIFTY   Nifty 50 Index
Where Nifty may be headed?

As per the chart patterns :
1. Ascending Triangle : At multiple times resistance are seen at 10930 - 10990 range.Any decisive breakout from this range could rally atleast till 11150. Any decisive breakout from 11150 may lead to 11443 though the chances are very remote in March.

2. Head and Shoulder : If trend line support is broken, that could end in the formation of right shoulder.

So the nifty range may be 9980 - 11443 in medium term.
The probable range for march may be 10470 - 11150
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out