Indice Nifty 50
Short
Aggiornato

Nifty is it towards 22800/22300 ? - Read description in detail

933
Following my post on August 5 after a dead cat bounce,
Nifty has started to form Cypher or Shark pattern on weekly time frame.

For a Cypher pattern: it will touch 23870/23216/22800
To form a shark pattern fall may extend up to 22300.

It is expected to complete this by December end.
Trade attivo
Refer to the updated chart for Nifty, Now there is a chances to touch 23,216.
But today Nifty has closed just above 200 EMA it will be important to watch, what is next. 😊😊
Either side is possible but my analysis says it will fall further.
Nota
Today touched 23,216
Nota
Touched 23K today.... Now next level 22,800
Trade chiuso: obiettivo raggiunto
Reached 22,800 by few days delay but on spot as targeted. Now 22,500 is a decisive point for Nifty.

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