NIFTY OUTLOOK
Updated
The previous week targets and supports were respected dot to dot. The upcoming week is expected to be good but cautiously. The expected target for the upcoming week is 18800 levels once it crosses the black TL drawn. Why the level is so important because it is a cluster point of the COVID downtrend and FEB –APR 2021 downtrend. The weekly support level is 17947.65.
I am really sorry,unable to explain properly this time due to busy weekend. Rest all detailed explanation will be updated daily in update idea section. So please follow and like to stay updated with daily support and target levels.
CHART & ANALYSIS- ADARSH DEY
I am really sorry,unable to explain properly this time due to busy weekend. Rest all detailed explanation will be updated daily in update idea section. So please follow and like to stay updated with daily support and target levels.
CHART & ANALYSIS- ADARSH DEY
Note
Nifty needs to close above the trendline B, to confirm its upside momentum for the mentioned target. This week we may see a big black candle and i hope that would just be a buying opportunity.
Note
NIFTY near support and a Bullish Wolfe Wave formedNote
Result:A good Upmove Note
Approaching Towards TargetNote
Target and Reversal Done
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.