WaveTalks : Nifty - Can Bulls Come Back? 17800+

Feb 8, 2022

Parallel Channel Support + Important psychological level close @ 17000 - Can Bulls Come Back ? Holding above channel, Index can bounce to levels mentioned below

Target 1 - 17300

Target 2 - 17450

Target 3 - 17620

Target 4 - 17690

Target 5 - 17800+

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Last Idea - Ending Diagonal At 17795 - Fall to 17041 (Fall of 700+ Points)
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Thank You

Feb 10, 2022

Trade active

3:24 pm / 10th Feb 2022

Last @ 17591

Index touched target 3 - 17620 / Made high at 17640. There is a supply zone or resistance in 17620-17640 so next buying only above 17650 or look for retracement to 17435 / 17375 which can act as support levels.

Thanks

Feb 10, 2022

Trade closed manually

Thanks. Best Wishes