Nifty has given an awesome move both downside and current reversal, respecting the patterns and time. The day Nifty turned bearish, it was updated with chart (link has been given below):
(in.tradingview.com/c...Y/W9KRgEvX-NIFTY-50/)
However after the violent breakdown the expected target and time was updated privately for few old members. As the pattern is completed, the study is made public (link has been given below):
(in.tradingview.com/c...!/ZDKcZLl0-NIFTY-50/)
Now Nifty is expected to make a new high and few of intermediate levels are 15077.55 that can most probably marked with gap up after which traders who don’t like taking much risk can trust the market and make an entry. The targets remain 15737.75 and 16004.80. Incase of any change in trend, the same would be updated.
If you follow my charts regularly and that helps you, then please motivate me by clicking the LIKE. That really helps. Incase of any doubt, please feel free to post a comment or DM me.
(in.tradingview.com/c...Y/W9KRgEvX-NIFTY-50/)
However after the violent breakdown the expected target and time was updated privately for few old members. As the pattern is completed, the study is made public (link has been given below):
(in.tradingview.com/c...!/ZDKcZLl0-NIFTY-50/)
Now Nifty is expected to make a new high and few of intermediate levels are 15077.55 that can most probably marked with gap up after which traders who don’t like taking much risk can trust the market and make an entry. The targets remain 15737.75 and 16004.80. Incase of any change in trend, the same would be updated.
If you follow my charts regularly and that helps you, then please motivate me by clicking the LIKE. That really helps. Incase of any doubt, please feel free to post a comment or DM me.
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As mentioned a gap up can be seen at 15077.55 Level. The opening price on 25/02/2021 is 15079.85
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This View is Invalid below previous Low.
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And it is still following this chart, Stictly keep this as your refernce.
in.tradingview.com/c...!/ZDKcZLl0-NIFTY-50/
in.tradingview.com/c...!/ZDKcZLl0-NIFTY-50/
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