will nifty 50 reach 12000?NIFTY MUST FILL THEIR PREVIOUS GAP YOU CAN SEE IN PAST MAY BE I AM WRONG
WHAT DO YOU THINK LET ME KNOW
NIFTY-50
NIFTY seems very BEARISH. BUt IT MUST BE OPEN AS GAP UP OR UPTRDNIFTY seems very BEARISH. BUt IT MUST BE OPEN AS GAP UP OR UPTREND. upto 9400 level. at least 9372 level.
TCS -Opening Decides the move1 Aug bars have turned into support but 500 SMA is also strong. What do you think ?
Reliance Analysis - Small Dowside but might recover.Probable Downside, but also watch 50 SMA closely. What do you think ??
Nifty 50 AnalysisJust playing in the S&R zones also 200 SMA is indicating the same. What do you think ?
Nifty 50 - TrendNifty is in bullish now, next target of 10930, 10980 (major resistance). Also it forms head and shoulders patterns, so long view says downtrend. 9300 range.
jindal looking strongwhen the trendline is broken..buy when it has retested the trendline .keep your stops below the demand zone. Target mentioned in the chart
NIfty hourlyThere is a probability of 5-0 pattern on Nifty hourly..
Hence if its unfolds, the recent pullback in NSE:NIFTY may extend to 9872- 9900 levels
