Description
⋅ Nifty is at crucial point in weekly chart
This week closing shud decide the possible downward movement, I can the following negative formations so far
1) Pending Gap
2) Possible M formation
Downward targets are 20800 & 20300 if it breaks the channel
Hello All,
The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk..
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Have a profitable year ahead
Gautam Khanna
Technical Analyst by Passion :-)