Our view on the Nifty 50 is undoubtedly clear that the Index might retrace upto the levels of 8590 in coming days, as we see that Nifty having broken its trading channel today and started to trade in bearish way. Around 8590 levels, the Bullish CIPHER Pattern will have to complete its formation and a fresh up move may be continue. All the measurement have been indicated on the chart. Traders may keep a strict watch and Investors still have to get one more chance to invest in some identical scrips. Comments your ideas if someone having seems something else.
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Again Best selling opportunity in Index
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Different formations appeared in all time frames........... Do not trade till it tells what to do next.
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Reliance saves the life of Nifty today.