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sdeepak595
Nov 12, 2021 3:25 PM

NIFTY Long

Nifty 50 IndexNSE

Description

NIfty can show some good momentum from here on.

One can go long after a small retest at 0.5 level of FIBO.

Comment

update 1: NIFTY has to break the 0.618 FIBo level which is around 18224 to continue its uptrend but if that level sustains then it can go down from there.

Trade closed: target reached

no fresh entry at 18000 levels because of bearish momentum.
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