NIFTY, watch for breakout above 8180

NSE:NIFTY   Nifty 50 Index
134 2
NIFTY is trading between multiple channels, Go long only if breakout above 8180 else NIFTY can recede back to 8020-8030 levels in couple of days. We will then see if the downward break happens or not. Shall revisit that when time.
@indiagmb, I share the same view, there will be a limited upside at last around 8300, post that we will see how the market unfolds. 8317 is 38.2% Fibo retracement level. So, I think NIFTY should reach there. and when NIFTY starts to fall again then it will breach 7900 this time.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out