pangusanthai

NIFTY - Time to Bounce

Long
NSE:NIFTY   Nifty 50 Index
NIFTY fall and touch 11620 level. 11620 is having good support for NIFTY , so NIFTY is expected to move up and touch 11975 level.

After NIFTY retrace and touch 11975 level then again expected to fall further and touch 11100 by 3rd Mar, 2020.

Target 1: 11836
Target 2: 11975
Target Date : 18th Feb, 2020
Trade closed: target reached: Target reached well before target date

Comments

What about tmrw will it fall or go upwards ?
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pangusanthai sakhanasuresh
@sakhanasuresh, replied to you in pvt
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sakhanasuresh pangusanthai
@pangusanthai, replied back
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Is Nifty expected to fall from here or will go up further beyond 12000
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pangusanthai anandpals
@anandpals, Previosly 11980 is support region, it should act as resistance region now. NIFTY is expected to be in sideway on 5th Feb thenafter it will start fall and reach Target 1 : 11620 or Target 2: 11400 before 21st Feb, 2020.
If Nifty Broke 11980 resistance region in this week, then it will go up, but there is very chance for that as per my analysis.
Final Target: 11200; Date : 3rd Mar, 2020
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It had almost touch 11975 today only..
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This is interesting .
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Let see.
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