I am not updating the chart as usual, Last analysis was about nifty and we recommended nifty to Long at exact bottom. Our target of nifty is about 17300 and that will be achieved, but pardon me its not a bull rally, its a corrective rally.
We may touch around 15700-15600 levels as I can see in nifty and then we can see a rally towards 17000, plz excuse me, if not exactly, we will reach approx levels.
Your likes motivate me to do some adventures....plz hit like.
Long may only be initiated near 15600-15650 levels, and that will be a money minting wave...!
Pls do follow, share and like the chart if you really like my charts.
If i went wrong what stop loss you supposed to place is.......! plz comment.
Thank you, yours only.
Regards
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It did not invalidate the high...! Analysis going in right direction.! Happy ho like karo...!
As per this analysis nifty will make one more high above 16270 around 16420-50 levels thats where we can top out, then it can reverse from there. But can this view be negated if it gives closing above 16400
imkhushal
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@tradeview-1234 yes one move upside may come but nifty not to buy for the time being