s3.amazonaws.com/tradingview/snapshots/e/EYwoQDk9.png
This is the Follow up from my former analysis:
Strong- stronger-nifty!
We reached my TP, analyzed 05 July:
s3.amazonaws.com/tradingview/snapshots/i/IMEqfFEg.png
The green counting reached its upper resistance, the upper edge of the bullish-trendchannel. RSI is still overbought, so i exspect a healthy consoliation wave the next days, perhaps could the former BreakOut -level at ~ 11.200, a possible TP from this exspected consolidation.
In the shortterm, nifty should not fall below 11.490: s3.amazonaws.com/tradingview/snapshots/u/UffhHdCO.png
The shortterm rest-potential is 11.740 s3.amazonaws.com/tradingview/snapshots/o/oBasazuJ.png
At present i see more risk/potential on the downside in the shortterm view, but the rest-potential of the running up-wave could be still 11.700, respective 12.000!
This is the Follow up from my former analysis:

Strong- stronger-nifty!
We reached my TP, analyzed 05 July:
s3.amazonaws.com/tradingview/snapshots/i/IMEqfFEg.png
The green counting reached its upper resistance, the upper edge of the bullish-trendchannel. RSI is still overbought, so i exspect a healthy consoliation wave the next days, perhaps could the former BreakOut -level at ~ 11.200, a possible TP from this exspected consolidation.
In the shortterm, nifty should not fall below 11.490: s3.amazonaws.com/tradingview/snapshots/u/UffhHdCO.png
The shortterm rest-potential is 11.740 s3.amazonaws.com/tradingview/snapshots/o/oBasazuJ.png
At present i see more risk/potential on the downside in the shortterm view, but the rest-potential of the running up-wave could be still 11.700, respective 12.000!
Trade closed: target reached
Note
remember my weeklys view de.tradingview.com/chart/DfPoW8JN/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.