Nifty near to its Reverse point

Zaktualizowano
As a usual concept, a demand zone is shown.
So if NIFTY reverse from the 50% retraced line, expected targets are shown.
If not reversed, it may go till 61.8% and possible to reverse.
If it moves below the 61.8% line, possible to continue the down trend.
(Note that present RSI is 40.08, which is not actually gives a reverse sign.)




Disclaimer: As usual, it is not a recommendation.
Zlecenie aktywne
Still VALID.
One can see it consolidates now
But tomorrow due to expiry, may not be a bullish move..
Let us see...
Zlecenie aktywne
Monthly Expiry ends with Bull candle.
Now it may move to 17200 and if further moves up, possible to move till the first target in coming days
Zlecenie aktywne
NIFTY reached Target 1
Zlecenie aktywne
Crossed the second target and going good
Zlecenie aktywne
All Targets HIT
Uwaga
Still LONG....
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