According to fib in picture, nifty unable break all time high 18888 level, this is indicating that market may higher possible to reverse up to fib level (o.5) shown in picture.
this what my personal view, perhaps if market goes above all time high 18888 and close in day candle, then possible to go up to 19050 - 19200, but currently global sentiment is not supporting as the result there is higher possibility to take correction in coming weeks.
please write your comments,
thank you
this what my personal view, perhaps if market goes above all time high 18888 and close in day candle, then possible to go up to 19050 - 19200, but currently global sentiment is not supporting as the result there is higher possibility to take correction in coming weeks.
please write your comments,
thank you
because nifty formed new swing high in weekly and monthly time frame, which indicate bullish signal.
advance thank you for your comments.