Nifty 50 IndexLong
NIFTY ANALYSIS
Nifty Seems Bulish in upcoming days,
this is educational purpose and ofcourse my point of view
Reason Behind it bulish---
1) Rsi 40.99
2) Rsi trend breaks
3) Harminic ABCD pattern sown reversal point of near 1.6 whitch is a reversal point
4) option chain higest open interest is on 15200
5) past 2 trading sessions not break the level of 15200
we have not any terget where it will go in uptrend, need another higer low to set the terget as per harmonic level..
this is educational purpose and ofcourse my point of view
Reason Behind it bulish---
1) Rsi 40.99
2) Rsi trend breaks
3) Harminic ABCD pattern sown reversal point of near 1.6 whitch is a reversal point
4) option chain higest open interest is on 15200
5) past 2 trading sessions not break the level of 15200
we have not any terget where it will go in uptrend, need another higer low to set the terget as per harmonic level..
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