Nifty at major hurdle on the way to 16k.
In my previous post, as mentioned Nifty did rally up after breaking about of triangle formation till it reached the resistance.
Currently, the resistance is holding intact as Nifty made a small Doji candle at the level.
Expecting Nifty to be third time lucky and breakthrough resistance as per the trend currently.
Any resistance is seen go for short as per your comfort. A comfortable target will be the support line.
Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.
Currently, the resistance is holding intact as Nifty made a small Doji candle at the level.
Expecting Nifty to be third time lucky and breakthrough resistance as per the trend currently.
Any resistance is seen go for short as per your comfort. A comfortable target will be the support line.
Note: The above is strictly my view and not a trade recommendation. Consult your financial advisor before making any trade.
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