ArghyaKhamrui

Nifty down or up ?

NSE:NIFTY   Nifty 50 Index
109 views
1
My analysis is straight forward and simple .
long scenario : If nifty break the green line and stay above 10150 and also break the downtrend Red line then we see 10300.
Short scenario: If nifty stay below the green line then our target is 0.23fib = 9857.

Ichimoku shows bearish scenario.
MACD show a bullish crossover but still we need RSI confirmation which is still bearish .

Thanks .
Apr 02
Comment: Nifty Should trade above 10227 then we hope to see 10300. unless it again down to green line zone.
Apr 05
Trade closed: target reached: close trade target meat @10300

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