Bulllish
Nifty - On LONGAs per technical Nifty Looks positive.
As per the Weekly chart nifty will go up to 10600 levels.
It failed to retrace on 0.5 level next level is 0.618 which is about 10530.(Fib Retracement)
From this analysis
Nifty Level is 10500 - 10600
Do your analysis before trading/ Investing.
Give u r opinion on these idea....
Thank You...
Estimated bullish run in USD/INR As per the pattern, dollar might show a steep rise (60-85° angle) in near future. As per the known situations, in long term dollar may face a sharp fall but before that if the pattern breaks out on chart, dollar can witness a sharp bullish rally for a short term.
This explanation is only for educational purpose and isn't any kind of recommendation. Don't take any action based on this explanation itself.
Consider your financial advisor before taking any trades.
Thanks for your time. Happy Trading.
UEducation





