Nifty has reached near a very important level, if break and sustain above the same then then we will see a good upside movement. Price can take a pullback once after a collision with resistance zone and break that with a strong momentum.
Everything as i found by the help of Harmonic pattern, Fibo levels and Price action, all have mentioned on the chart.
Target 1 can be a Reversal level, so need to be careful. it's a suggestion that book the profit and exit on that level. If price cross the Dynamic resistance and keep sustaining then re-enter and go for Target 2 & 3.
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Everything as i found by the help of Harmonic pattern, Fibo levels and Price action, all have mentioned on the chart.
Target 1 can be a Reversal level, so need to be careful. it's a suggestion that book the profit and exit on that level. If price cross the Dynamic resistance and keep sustaining then re-enter and go for Target 2 & 3.
If found the Study Helpful, Then please LIKE...
Comment:
100+ points Down from Dynamic support & 50+ points from Support Zone....
Comment:
Now the Support Zone has turned into Resistance Zone...