NIFTY Is About To Fall From The FCP Zone

NSE:NIFTY   Nifty 50 Index
Traders, there is a high probability set up on Indian Index Nifty (Nifty50). The market has reached a high probability FCPZone and can fall from there. The arrows show the direction and potential profit targets. As the markets are over stretched and we are in the final days of December, be careful with your positions. Trade only after confirmations. If the market goes above this FCPzone and gives us a confirmation to go long then only we should consider it. Else it is short biased opportunity.

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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.


Its a very strong uptrend but I'm waiting for my entries to short. Weekly chart = patience!! :-)
+1 Reply
vikinsa conormcgurk1
@conormcgurk1, me too :)
Thanks a lot for the analysis Vik! FCP is awesome.
+1 Reply
vikinsa bapi_pradhan
@bapi_pradhan, Thanks :)
Tx Vik for your superb analysis as always.
+1 Reply
vikinsa rahulneo
@rahulneo, Thanks :)
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