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aktradelearning
Feb 12, 2022 10:28 AM

Nifty - Looks scary  Short

Nifty 50 IndexNSE

Description

Nifty is looking scary - Bulls get ready to invalidate it ...else punters are doomed ....
Comments
DashSam
I think if you look at weekly chart the neckline would be around 17k with max support at 16830. So target should be 18321-17000 around 1300 points which is from 17k to around 15700. If you see 15600-16k is a good support zone so being relatively conservative 1000-1200 points should be max target. What do you think?
aktradelearning
@DashSam, All these are probabilities - I have another view though which I will publish now. As per Harmonics setup I see PRZ at 16179.
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