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nmcapital44

Nifty long term view

Nifty 50 Index (NSE:NIFTY)  
nmcapital44 Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY niftyanalysis niftytrend niftyindia niftyprediction niftytradesetup niftyintradaylevels niftylevels niftyforecast
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trendanalysis chartpattern indicator nifty niftyanalysis niftytrend niftyindia niftyprediction niftytradesetup niftyintradaylevels niftylevels niftyforecast
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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