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.
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.
Trade ativo
Still VALID. One can see it consolidates now
But tomorrow due to expiry, may not be a bullish move..
Let us see...
Trade ativo
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
Trade ativo
NIFTY reached Target 1Trade ativo
Crossed the second target and going goodTrade ativo
All Targets HITNota
Still LONG....
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.