NIFTY to 10400 (800+ points)

invance Updated   
NSE:NIFTY   Nifty 50 Index
  • Rising Wedge Resistance
  • Trend line from 2018 low
  • Trend line from 2020 high for 12400 and 12250 around
  • Fibonacci 78.6 retracement (in general a strong reversal zone)
  • All this makes it a strong Confluence zone
  • RSI is also indicating a reversal is imminent

  • SL is 11377 in closing basis
  • 11120, 11040, 10980, 10860, 10750, 10630, 10570, 10480 are intermediate targets
Trade active:
1st target achieved
Trade active:
second target achieved
Trade active:
3rd target achieved
Trade active:
Almost 4th target. 350 points+ delivered till now.

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