Hello Traders,
The NIFTY50 has reached my final target for the year. Today's high @ 21801 was many points above my target @ 21693! Close @ 21778! So every point to come is a gift on top!
The NIFTY50 has reached my resistance line (blue) of the trend channel and it will be interesting to see how it reacts there. More often than not, the price will bounce above, create an "over-shoot" and return to the channel!
Anyway! We will see!
For me, the year is over and I thank you all for your support and loyalty!
Have fun and celebrate ..... See you in 2024!
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.
The NIFTY50 has reached my final target for the year. Today's high @ 21801 was many points above my target @ 21693! Close @ 21778! So every point to come is a gift on top!
The NIFTY50 has reached my resistance line (blue) of the trend channel and it will be interesting to see how it reacts there. More often than not, the price will bounce above, create an "over-shoot" and return to the channel!
Anyway! We will see!
For me, the year is over and I thank you all for your support and loyalty!
Have fun and celebrate ..... See you in 2024!
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.