NIFTY VIEW FOR 07/12
Actualizado
As discussed earlier Nifty future hit a fresh record high 13324 against my prediction 13302.
And formed a bullish candle on the Daily & Weekly chart respectively.
The formation of bullish candle has surpassed the high of the previous Bearish Engulfing candle.
Althogh its is in uppper channel but no reversal sign has been seen as of now.
So for the next week upside levels to be watched for 13500.which is also a psychological level.
Also keep in mind that when market/Stock is at ATH ,basically there is no resistance.
Nifty Future may trade in the range 13148 -13500.
Decision Range :13182-13202
Above 13202 : 13252/13302/13354/13403/13452/13500
Below 13182: 13148/13058
Let us see what happen....
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Learn Regularly. Not occasionally.
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And formed a bullish candle on the Daily & Weekly chart respectively.
The formation of bullish candle has surpassed the high of the previous Bearish Engulfing candle.
Althogh its is in uppper channel but no reversal sign has been seen as of now.
So for the next week upside levels to be watched for 13500.which is also a psychological level.
Also keep in mind that when market/Stock is at ATH ,basically there is no resistance.
Nifty Future may trade in the range 13148 -13500.
Decision Range :13182-13202
Above 13202 : 13252/13302/13354/13403/13452/13500
Below 13182: 13148/13058
Let us see what happen....
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
If you find this helpful and want more trading/Investment Ideas.
Please show your support back,
. . Hit the LIKE button,
. . . . Drop some feedback below in the comment!
❤️ Your Support is very much appreciated ❤️
Operación cerrada: objetivo alcanzado
made a high 13398 against my view of 13403Nota
May book profit here..Operación activa
Operación cerrada: objetivo alcanzado
Nota
view for 09/12view bullish but R:R is not right.
So it can only be taken if it comes down near 13200-13252.
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