Nifty Weekly Analysis for 07-11-22 to 11-11-22.
Index is in range between 17959-17180 from the last 4 trading sessions.
If Index sustains above 18200, ABCD will be activated and we may see upside move, Targets are 18300/18400.
If Index trades below 17900, XABCD will be activated, more downside possible and Targets are 17775/17638/17442.
17442 target on downside is taken from 1.618 of XABCD
Index is in range between 17959-17180 from the last 4 trading sessions.
If Index sustains above 18200, ABCD will be activated and we may see upside move, Targets are 18300/18400.
If Index trades below 17900, XABCD will be activated, more downside possible and Targets are 17775/17638/17442.
17442 target on downside is taken from 1.618 of XABCD
Trade closed: target reached
Upside Targets Hit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.