LETS TRY TO PREDICT THE NIFTY

Updated
WE CAN SEE THAT ITS BEEN IN A CHANNEL FOR A , WHILE REMAINING IN A CHANNEL FOR A VERY LONG TIME WE HAVENT SEEN MUCH RETRACEMENT ALSO CURRENTLY ITS BEEN OVERSOLD FOR A WHILE THE NEXT STRUCTURE/RETRACEMENT ZONE MIGHT BE AT THE ZONE 12000 ALSO ITS A PSYCOLIGICAL NUMBER SO WE MIGHT SAY THE ZONE MAY BRING A LITTLE RETRACEMENT
Note
*OVERBOUGHT
Beyond Technical AnalysisChart PatternsTrend Analysis

Disclaimer