target 1 in this leg had suggested targets many a times perfectly.
some important points to be considered have been summarized below.
today's candle stick happens to be nr7 one. that means major movement expected in coming days.
either down side or upside,
5 dma lagging the price. .price tries to touch 5 dma and rise.
stochiastic is in over bought condition.
nifty bull run is not yet over..
hence a dip will be an opportunity to buy.
if nifty crosses target 1 convincingly next is target 2
some important points to be considered have been summarized below.
today's candle stick happens to be nr7 one. that means major movement expected in coming days.
either down side or upside,
5 dma lagging the price. .price tries to touch 5 dma and rise.
stochiastic is in over bought condition.
nifty bull run is not yet over..
hence a dip will be an opportunity to buy.
if nifty crosses target 1 convincingly next is target 2
