Nifty (Profit booking level)

NSE:NIFTY   Nifty 50 Index
This trendline has caused some huge correction moves in the past. May do the same this time as well. Can initiate shorts or book existing longs here.


May be. But the situation is different now. Nifty and Banknifty going to sync soon with upward move. There is some bigger target for Nifty from here. amount of FII inflows in recent days says nifty is full upside swing for at least another one week.
+1 Reply
Jeevan_Shetty Siva02it50
@Siva02it50, I am not saying we will see a crash, just a normal healthy correction. Maybe will break the line eventually. But for now I will consider some correction from there.
+1 Reply
No correction happened improve your analysis
Jeevan_Shetty abhishekgubrele
@abhishekgubrele, Rukho zara , sabar karo :D
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