Because there are not much posts on nifty , i am writing this article !
In my last posts on the road ahead for Nifty , (link below)- i had anticipated that majority of short term traders are confused whether nifty will touch 11k or 10k. I had then said both are possible -
There is no clear answer as Market itself has to show us the way.
but the current move on hourly chart looks like an ending diagonal pattern of wave C which can potentially reach 11,000
Even SPX (us markets) showing diabolical & confusing character
All the best for your trades
Please share your critical trading ideas - so that we can correct our Mistakes !!
In my last posts on the road ahead for Nifty , (link below)- i had anticipated that majority of short term traders are confused whether nifty will touch 11k or 10k. I had then said both are possible -
There is no clear answer as Market itself has to show us the way.
but the current move on hourly chart looks like an ending diagonal pattern of wave C which can potentially reach 11,000
Even SPX (us markets) showing diabolical & confusing character
All the best for your trades
Please share your critical trading ideas - so that we can correct our Mistakes !!
