Entry - 17900+ (White Ray)
Stop Loss - 17650 (Red Ray)
Target 1 - 18200 (Green Ray)
Target 2 - 18475 (Green Ray)
Target 3 - 18700 (Green Ray)
NIfty 50 has been forming a Falling Wedge in a daily time-frame. The volumes have been comparatively high which means that a good base has been formed. The FIIs are oversold and stand at around 19% long...
niffty 50 50 target will be! 18500-19500-20000 wil be hit
what is the main reason ?
nifty50 traveling time how many ofyears!
short target 16750 ? (us fed repo rate not usable)
it wil be reach above written,
traders and investor inc.....d
food is important(farmer) (food crisis, jobless claim data for only gold impact us market that means big )
in weekly we have 3 bar reversal pattern is generated, also price having hard time to push up, we have 3 bar reversal pattern in Daily also, hence i suspect there will be a huge sell of in nifty 50 in coming days