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LONG TERM VIEW ON NIFTY

Short
NSE:NIFTY   Nifty 50 Index
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1
NIFTY IS MOVING IN A CHANNEL.
1. NIFTY FINDS IMMEDIATE SUPPORT NEAR 10430, IF IT COULD SUSTAIN THOSE LEVELS IT CAN HIT 12000 POINTS
2. IF NIFTY COULDN'T ABLE TO SUSTAIN 10430, IT GOT IMMEDIATE SUPPORT NEAR 100015.. WHICH LEADS TO FORMATION OF CLASSIC HEAD AND SHOULDERS PATTERN..
3. IF NIFTY COULDN'T SUSTAIN 10000 LEVELS IT IS GOING TO SEE 9000 SHARPLY..

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