NIFTY -- EXPECTING A BOUNCE Long

Nifty 50 IndexNSE

Description

⋅ Nov 15, 2017 11:23 AM

Notes on the chart.

Trade safe, stay healthy.
Do hit the like button, it does not cost anything :)

Regards
Bravetotrade

⋅ Nov 16, 2017 6:09 AM

We are at our immediate target. Nice bounce.

⋅ Nov 16, 2017 7:14 AM

10220-10240 zone can offer resistance.

⋅ Nov 16, 2017 12:26 PM

The price came up too fast and hit both the resistance zones. Price may halt near the current zone.

Comments

abhijeet007

⋅ Nov 16, 2017 3:57 PM

is it the trend reversal yet?

Bravetotrade

⋅ Nov 16, 2017 4:06 PM

@abhijeet007, can't say as of now. A continuation beyond the resistance zone can be a sign.

DanishC

⋅ Nov 16, 2017 2:23 PM

Superb analysis

Bravetotrade

⋅ Nov 16, 2017 3:18 PM

onlyganif3

⋅ Nov 16, 2017 7:25 AM

if 10240 crosses then what will be the target??

Bravetotrade

⋅ Nov 16, 2017 7:28 AM

@onlyganif3, 10270 and 10325, but I think it ll take some time before it is confirmed that the downmove is over.