Hello,
Nifty is ready for the big move in this week and the maximum possibility is that this move will be on the downside.
On the upside, it's difficult to trade above 12200-12300 zone. I will change my view once it will trade above 12300 in this coming week.
I will watch 11700 and11600 zone, in any correction nifty will take support from 11700 or 11600 levels. If it will break 11600 then another 100 points downside will open.
In short below 12200 Nifty will be sell on rise for me. and my final targets are 11950-11900-11850-11800-11700.
Trade Well
Nifty is ready for the big move in this week and the maximum possibility is that this move will be on the downside.
On the upside, it's difficult to trade above 12200-12300 zone. I will change my view once it will trade above 12300 in this coming week.
I will watch 11700 and11600 zone, in any correction nifty will take support from 11700 or 11600 levels. If it will break 11600 then another 100 points downside will open.
In short below 12200 Nifty will be sell on rise for me. and my final targets are 11950-11900-11850-11800-11700.
Trade Well
