Nifty Trend and Pattern Analysis - Weekly( 1st OCT)
Economic Factor:
1)Liquidity factor overperforms Indian market comparing to world market
2) But now quantitate tightening happening all over the world, which leads to fall.
Bull Market:
1) if we are consider in Bull market, Mostly all Bull market rally at least retrace 0.382 level(History tends to repeat).
2) so , it has high possibilty to touch 14300 level
Bear Market:
1) if it breaks the trend line support and 14300 level (0.382 level of Fib) , we are entering into bear market phase
2) so , it has high possibilty to touch 11750 or at least 13000 level
1)Liquidity factor overperforms Indian market comparing to world market
2) But now quantitate tightening happening all over the world, which leads to fall.
Bull Market:
1) if we are consider in Bull market, Mostly all Bull market rally at least retrace 0.382 level(History tends to repeat).
2) so , it has high possibilty to touch 14300 level
Bear Market:
1) if it breaks the trend line support and 14300 level (0.382 level of Fib) , we are entering into bear market phase
2) so , it has high possibilty to touch 11750 or at least 13000 level
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.