padiyara

Nifty:10122 support 10080 _10050

NSE:NIFTY   Nifty 50 Index
Nifty’ about to complete another abc pattern, if a = c , which is approx: 400 points, can find a target near 10015. The last 2 candle were too bearish and looks so scary. But don't worry as we are still in an uptrend. The support marked 10104 is actually a trend changing zone, is protected well so far, matches with the 50% fibo level too. Hence I believe that nifty’ will find an earlier support at around 10080, or may be around 10050 ie: near the midterm Trend Line. Watch for a divergence in your indicators for the probable u turns ant time now.

Hello every one
I was away for a family function, and was not able to follow up the market for few days. I Welcome everyone for your kind cooperation and warm supports. I will make all efforts to deliver you the best, as and when the time permits.
Thank you all.
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