WaveTalks

WaveTalks : Nifty - Can Bulls Come Back? 17800+

Long
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
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
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
Trade closed manually:
Thanks. Best Wishes

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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