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Nifty 50 Index
Short
Updated

NIFTY to 10400 (800+ points)

492
  • Rising Wedge Resistance
  • Trend line from 2018 low
  • Trend line from 2020 high for 12400 and 12250 around
  • Fibonacci 78.6 retracement (in general a strong reversal zone)
  • All this makes it a strong Confluence zone
  • RSI is also indicating a reversal is imminent


  • SL is 11377 in closing basis
  • 11120, 11040, 10980, 10860, 10750, 10630, 10570, 10480 are intermediate targets
Trade active
1st target achieved
Trade active
second target achieved
Trade active
3rd target achieved
Trade active
Almost 4th target. 350 points+ delivered till now.
invance
FibonacciTrend LinesWedge

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FibonacciTrend LinesWedge
invance

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.