Nifty: Range formation for target of 1.272/ 1.618
We got a short, reversal with range formation,
retracement upto around 0.5 level,
support at 0.786 level and now moving above 1 level.
Target 1.272/ 1.618 level
SL 0.786 level.
20th December also marks, start of the 120 days GANN cycle.
1st 2 being,
22nd April-20th August,
20th August- 20th December
retracement upto around 0.5 level,
support at 0.786 level and now moving above 1 level.
Target 1.272/ 1.618 level
SL 0.786 level.
20th December also marks, start of the 120 days GANN cycle.
1st 2 being,
22nd April-20th August,
20th August- 20th December
Note
T1 1.272 doneNote
after a small reversal, we have again moved above 1.272 level, if it crosses and sustains 17088 levels, we will be through to 1.618 levelsNote
an hour long battle at the exact level, given well in advance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.