The strong rebound from key support highlights elevated
buying demand that makes us retain support base at 21800 as
it is confluence of:
A. 61.8% retracement of current rally 2153 to 22300
is placed at 21823
B. Last week’s low is placed at 21875
C. Lower band of rising channel
As per chart next target would be 22400 and 22670 soon
buying demand that makes us retain support base at 21800 as
it is confluence of:
A. 61.8% retracement of current rally 2153 to 22300
is placed at 21823
B. Last week’s low is placed at 21875
C. Lower band of rising channel
As per chart next target would be 22400 and 22670 soon
Trade active:
Nifty now 22300+ single day massive move. enjoy the perfect analysis with considerable gain.
Trade active:
Target -1 done , Still active for target 2
