Nifty currently bullish and started it's retracement move.
Expecting it to fill all the gaps created in the previous week.
If we draw a fibo, we can see the 16360 point to be somewhat near to 61.8% level. and it will be a good chance to bounce back from that zone.
Expecting a pullback or bearish side move this week which will be followed by a bullish move to newer highs.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Expecting it to fill all the gaps created in the previous week.
If we draw a fibo, we can see the 16360 point to be somewhat near to 61.8% level. and it will be a good chance to bounce back from that zone.
Expecting a pullback or bearish side move this week which will be followed by a bullish move to newer highs.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.