invance

NIFTY to 10400 (800+ points)

Short
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.