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AkshatGupta

NIFTY 50 long term View

Short
Nifty 50 Index (NSE:NIFTY)  
AkshatGupta  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY sensexanalysis sensex30 nifty50 sensex Crude Oil stockmarketanalysis indianstocks indianmarket
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trendanalysis chartpattern indicator nifty sensexanalysis sensex30 nifty50 sensex crudeoil stockmarketanalysis indianstocks indianmarket
From Current date 18th July Nifty at 10900 +

Step 1: Nifty will retrace 78.6% till 11377.75.
Step 2: To form a Head, NIFTY will fall from 11377.75 to 8800 level.
Step 3: Nifty will then form another shoulder on the right.
Step 4: Nifty breaks below 8800 and falls down to 6225-6350 level which is a big support level.
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