k314

NIFTY weekly chart study (once in a lifetime opportunity)

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k314 已更新   
NSE:NIFTY   Nifty 50指数
Nifty has been finding support at the pitchfork bottom since early 2016.
Buy on dips till 9700 as upside is massive!

Below 9400 this setup becomes invalid
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Nifty curves on day chart

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Nifty so far making a decent bounce
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The support is been broken. We will hold long term bullish view only after Nifty makes a new all time high. Until then we will be looking for opportunities to short
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Nifty finding resistance at the parallel line since Oct 2018
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Nifty moving in alignment with the trendlines so far
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Had published the idea when NIFTY was trading around 10k+
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