ruebennase

NIFTY 50....Ui, ui, ui!

NSE:NIFTY   Nifty 50 Index
Hello Traders,
this morning, international markets has shown a „mini-crash“! So, no surprise, N50 was still a „follower“ of these moves.
N50 is on track, to achieve my target range of 16882-16666.
At my latter analysis I wrote, that N50 is able to „jump-back“ to 17588-17705; still it was just 17600! And this morning, markets kept on going with the correction.
The picture now is much clearer, as it was in the latter days.
For the next sessions ahead, my range is still valid; 16882-16666.
If this will be achieved, I have to readjust this count.
Only a push above the ~17600 range with a „bull-candle" can change the setup short term.
Have a great weekend.....
Ruebennase

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