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The_Trader14
Jan 18, 2021 10:18 AM

Nifty walked our talk. Target 1 reached. 

NSE:NIFTY15
Nifty 50 IndexNSE

Description

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"Fall in love with the process and the results will come."

Nifty was at crucial level on Friday.

I marked the major support level and informed all about my targets as marked on chart.

Today Nifty opened about our support level but could not sustain and fell below it.

Then it retested our support turned resistance now and fell down deeper to reach our target 1.

If target 1 is breached then target 2 is inevitable.

Stay awake and Stay cautious.

Note: Views only for educational purpose. Consult your financial advisor for any trade.
Trend AnalysisChart PatternsTechnical Indicators
Comments
bullbuyer
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Will it breach 13800 before 21JAN expiry?
The_Trader14
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@bullbuyer, We are asking about 500 points downfall in 3 days here which is very much possible if only the Market crashes. But currently I do take this fall as correction only for more higher targets hence I did not give more than two targets. Yes if 14000 is breached in daily timeframe than the chances increases.
The_Trader14
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@bullbuyer see as I told you it was a correction for more higher targets and today broke the previous high.
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