Nifty analysis for Month of September 2018

NSE:NIFTY   Indice Nifty 50

Have marked many levels on the chart directly, keep these levels under observation, whenever price will touch these levels be alert.

Price is in complete up trend, for my trading i am keeping 2 price levels on scanner.

1. 11910
2. 11550

I personally expect market to go up till 11910 before it closes below 11550, if we dont go up till 11910 and go south then 11190 will be the target.

But currently there is no reason to expect fall in price, current price action is not suggesting any such ting. I will be watching the price actin all the time any bearish signal can push us to the second possibility of 11190. Traders keep all these levels marked on your chart and be ready for any trend reversal around 7th-10th of September. Till that time i expect we to be in green zone. All analysis is based up on history. I am not doing future telling. When we expect few things in future then be sure about one thing that its not necessary that every thing will work as you expect it to work.

I am not suggesting any investment or trade.

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