DJ30 Daily charts showing upside possibility for next 1 MonthDJ30 After minor correction is again ready to show some strength in coming days & Projection based on Fibo is showing 7% upside in next 21 trading sessions.
This should definitely help INDIAN Markets to rise to ATH in next 21-30 Trading session.
Expecting Nifty to touch 19500 before June End Expiry.
Happy Investing.
Niftyath
Reason Behind Nifty Future Touching 16,546 Explained + Examples!Today, NSE:NIFTY1! technically hit an ATH of 16,546.50, nearly 5% more than the opening price. Why did this happen? What's the reason? And how do buyers and sellers work?
Basically, buying increases prices. As long as buying is strong, prices will increase. As soon as sellers start taking control from buyers, price will first slow down then stop going up and then come down.
That's, in essence, what we saw today.