meetujugal

Nifty breakout

Long
meetujugal Updated   
NSE:NIFTY   Nifty 50 Index
Nifty is currently in a Megaphone Pattern, There is a possibility of nifty reaching the resistance points, but due to recession factors in the world, There is a possibility of a reversal too. Be cautious. Some of the points are been mentioned here as the resistance and support points with the pivot point for changing
Comment:
Nifty following the pattern, stay cautious for the q3
Comment:
Nifty broke resistance 2 but market is under extreme greed, the market could retrace back to 18100 due to russian oil cap
Comment:
Nifty is going through market cooldown phase. Resistance 2 could be touched in a few days.
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