Nifty:9553 at Resistance poising for a breakout may Target 11000
Nifty attained two initial targets 9038 and 9454 and unlike the expected zigzag pattern it traded in a triangle,
currently near its resistance near 9650. On breaking above this level nifty can attain the said 9990, and also the the pattern breakout target is around 11000. Support 9390.
The lines marked on right hand side is the weekly Pivot values.
Keep extreme caution with appropriate STOP LOSS at these three levels 9650 ,9990 and 11k of course, as we are in a pullback and the situation is not that promising ahead for the markets.
I am stranded in Kuwait lonely in my flat, never expected such a drastic situation in my life, all my mental strength is getting stressed day by day(To remind you all about the severity).Wish everything will be alright soon.
Take care all your Dear and near, Stay in isolation and be happy with limited resources.
currently near its resistance near 9650. On breaking above this level nifty can attain the said 9990, and also the the pattern breakout target is around 11000. Support 9390.
The lines marked on right hand side is the weekly Pivot values.
Keep extreme caution with appropriate STOP LOSS at these three levels 9650 ,9990 and 11k of course, as we are in a pullback and the situation is not that promising ahead for the markets.
I am stranded in Kuwait lonely in my flat, never expected such a drastic situation in my life, all my mental strength is getting stressed day by day(To remind you all about the severity).Wish everything will be alright soon.
Take care all your Dear and near, Stay in isolation and be happy with limited resources.
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