Nifty formed W in daily timeframe signaling a short term bullishness till 16220. If Global Ques support nifty then it can rise up to a TGT of 16800 in the coming weeks. For a new all-time high rally, it has to sustain above the long-term trendline, and only then we can have a TGT of 17550 to 17770 in the coming months. 17550 to 17770 is a tough resistance for nifty where u can see for shorting opportunities.
Commento:
tgts done