upenjhun

upenjhun

As per the chart Nifty is moving in a parallel channel. further the chart is looking week supported by Global Sentiments. Now if Index trade & sustain below 17240 we may see 17100 level. On the upper side we have to wait for crossing of 17360 for the target of 17400 -17454.

upenjhun

Today, on one hour chart Nifty has again trying to form Head & Shoulder pattern. More over Global Sentiments are affecting market badly so advised to trade very very cautiously keeping strict Stop Losses in System. 1- It is highly expected that we will see a zigzag pattern tomorrow. 2- In case if Nifty trade & Sustain below 17260 our target should be 17100. 3- For...

upenjhun

Nifty50 has formed Head & Shoulder Pattern. Now for tomorrow we have to see 2 scenario as below: 1- In case Nifty opens Flat or slight gap up there are certain chances to see 17000-17100 mark but it should be for a while only. 2- In case nifty opens gap down, our next targets are mentioned with Blue line. but in this case there are higher chances for a range...