WaveTalks

Nifty- Bullish Gartley Above 17055 (Target-17200/17310)

Long
WaveTalks Updated   
NSE:NIFTY   Nifty 50 Index
Harmonic Bullish Gartley Above 17055 for Targets 17200 / 17310
Trade active:
11:05 Hrs / 2nd Sep2021

Last Price @ 17139

If you missed no problems. Have patience & getting opportunity close in 17075-17100 as suggested earlier should be the demand zone -if that zone holds then bounce can be expected.
Trade active:
11:58 Hrs / 2nd Sep2021

Last @ 17171

Key reistance - 17175

Index can take a possible halt & continue upside once it crosses above & holds 17175 levels

Downside 17100-17110 minor support zone

Trade active:
15:27 Hrs / 2nd Sep2021

Last @ 17227

Book profits & join tomorrow if Nifty pushes above 17240 or it could again start falling back to 17055 & below 17055 - it can become aggressive for bears
Trade closed: target reached:
09:41 Hrs / 3rd Sep2021

Last @ 17265

Target done at 17310

Day High @ 17311.95

Comment:
12:50 Hrs / 6th Sep2021

Last 17373

Nifty Update

Index Broke the previous High at 17311.95 Extending the moves. Wow!!! Holding above 17310 -critical low & 17340 -key low, bias still upside for 17425+ Just be cautious if starts falling below 17350 as this is a psychological level where a trader should be on sidelines.

Happy Trading!!!
Comment:
09:24 Hrs / 7th Sep2021

Last @ 17351

Sharp Fall below 17425

17425 was the suggested target yesterday.

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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