Nifty at a Crossroad again
Updated
Nifty is again at a crossroad. The following scenarios are at play now.
Scenario 1) From this juncture it can go from Point A to Point C directly i.e. 18315 to around 18600 odd.
Scenario 2) From this juncture Nifty can try to find it's major support and can go from point A to point B i.e. 18315 to 17500 odd. and then back to 18600 odd that is point C.
Long Term Target Within 2023: 19275.
Scenario 1) From this juncture it can go from Point A to Point C directly i.e. 18315 to around 18600 odd.
Scenario 2) From this juncture Nifty can try to find it's major support and can go from point A to point B i.e. 18315 to 17500 odd. and then back to 18600 odd that is point C.
Long Term Target Within 2023: 19275.
Comment
Still no change in the view for Nifty. Market Outlook Remains exactly the same.
Happy Candles Investment
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