NIFTY - Update and analysis
Our downside targets were 16400 & 16250. Both of them have been achieved yesterday.
NIFTY - weekly overview
The index has breached an important demand zone, however, today is the last day of the week and the weekly close is yet not determined, until 3:30 today.
If NIFTY manages a close above 16400 today, the bulls will still remain in the game, or else we can expect a 1000 points drop in NIFTY in the upcoming weeks.
One shall start accumulating NIFTY BEES now.
Our downside targets were 16400 & 16250. Both of them have been achieved yesterday.
NIFTY - weekly overview
The index has breached an important demand zone, however, today is the last day of the week and the weekly close is yet not determined, until 3:30 today.
If NIFTY manages a close above 16400 today, the bulls will still remain in the game, or else we can expect a 1000 points drop in NIFTY in the upcoming weeks.
One shall start accumulating NIFTY BEES now.
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.
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.