Nifty channel in daily chart, can this be a possibility to again test the resistence levels of the channel...
Nifty chart, very bullish, not giving chance for retailers to buy on dip, not giving chance for shortcovering.. Typical bull market...
FII closed their huge bearish positions today .. can easily continue the rally..
Nifty can take a retracement.. as the 26k touched and expecting profit booking..
Nifty in a parallel channel,, it can move to the upper or lower .. most chance for upper channel.. market staying in ATH indicating further move possible..
Market structure based resistence support for Nifty..expecting to continue the up move with minor retracements.. overall bullish ..
Target of 1.3 and 1.6 .. last line support for the bulls... below the trend line Bearsih with two 15 mint candles close..
Market above 1.30% now without any downmovement Target of 25750. was expecting a down movement then the target of 25750 , as per todays set up..new target 25750
Nifty Movements in 1.3% in this month, every retracement goes up to 130% then correction for another 130% down..then new uptrend...
please find the nifty support areas 2 areas mainly with less Stop loss can look for a long
Please check the chart, 2 possibilities for trades.
As Nifty took the support as per my previous levels, now possible target of 18448 + depends on gap up ..
Previous target of 18368 + gap up of points results in resistence and completion of market structure at 18418 levels. Now we should see a down side move up to 17952 levels.
As per current movement of Nifty , Next target for upside can be near to 18368, can take dip today for the 50% support and can start the upmove or directly to 18368. Downside support at 18014