Nifty Short Term Bounce Prediction
Nifty is near 200DMA and is long due for a relief rally.
The rally could go till 11500, 11575 then back to 11200-11000
Initially market can form a double bottom near 11100 before bouncing to 11500.
Double bottom might consist of a high at 11300, 11400 first then 11100 then 11500
The rally could go till 11500, 11575 then back to 11200-11000
Initially market can form a double bottom near 11100 before bouncing to 11500.
Double bottom might consist of a high at 11300, 11400 first then 11100 then 11500
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.