Hello Everyone, Yesterday Nifty was very bearish and down with a gap, so for indicates to be down on Monday as well as the next week and come to the projected targets as there are many similar metrics showing down so let's see what are they
1. First of all what i think the cause of being nifty down is the bump and run pattern as it is a bearish and already it's very high although
2. The Volume is also under the 20 ma on volume and whenever it is on the top of volume it shows us down like "November 2021 and May 2022"
According to me the projected targets are 17207 and 16778 or if it break these then the gaps could be taken as target although its on you that you take it or not on you risk, Thank you
1. First of all what i think the cause of being nifty down is the bump and run pattern as it is a bearish and already it's very high although
2. The Volume is also under the 20 ma on volume and whenever it is on the top of volume it shows us down like "November 2021 and May 2022"
According to me the projected targets are 17207 and 16778 or if it break these then the gaps could be taken as target although its on you that you take it or not on you risk, Thank you
Trade closed: target reached:
First Target achieved Second target is just about to get hit.
