nmcapital44

Nifty long term view

NSE:NIFTY   Nifty 50 Index
According to this setup
Closing above 18690 will make nifty more bullish and this previous all time breakout will take it up to 19600.

19600 will be monthly target and can be trigger on any good news which may come on budget.

Before budget retracement till 17600 will make this breakout more successful.

On the flip side weekly closing below 17600 will change entire sentiments.
Comment: Nifty 1 down leg is complete as you can see in the chart.

I predicted this price action in advance.

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