pmosesoliver

NIFTY 50 Index - Bull

Long
NSE:NIFTY   Nifty 50 Index
NIFTY 50 Index (Chart as on 7 June 2021)

* Tested 4 times already at the bottom of the trend channel line and now moving upward
* break-out the head & shoulders pattern
* Clear Signal for a Bullish Market
* Still, chances are there to re-test at 15320-15400 range, as a small correction
* But overall it seems like a bull market for next 1000 points

Good Luck!

***
You can also see my other stock analysis and the results in my profile ideas.
Please follow me, If you would like to see more ideas on winning stocks.
***
**Disclaimer:
I am not a SEBI registered consultant/Advisor. It is completely my view and opinion.
My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling.
Please do your own research and consult with your financial advisor before taking any action.
I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
****


Comments

u r right.. but how u deduced that chances r high of re test ?? do answer.. btw I agree with ur idea..
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter