pangusanthai

NIFTY - Fall Not over yet

Long
NSE:NIFTY   Nifty 50 Index
NIFTY is in overall downtrend till 12th Mar, 2020; but today price consolidation represent there is slight upmove ahead prior to further fall.

I mentioned the Target in Charts. It being long time from Sep 2019, NIFTY expected to fall 1500 points from the top by most of technical analyst, but it is not happening and getting postponed. But this time, I noticed the fall of 1500 points will not happen anytime sooner.

NIFTY will turn uptrend post Mid of Mar 2020.

Target 1: 12020
Target 1 Date : 28th Feb, 2020

Target 2: 11580
Target 2 date : 12th Mar, 2020

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