Nifty Update:
Nifty is following the price action which I have marked, as is. (You can check the attached Link to Related Ideas to access the same)
.
Touched 16750 and then reversed after touching the trendline (2nd Slant one) marked.
Went up to 17400, touched the resistance, which is again marked - Horizontal Line and then reversed.
and I am hoping that it'll touch 16700 again(Good Support) for gap filing(marked in july-august month) before moving up, which coincides with Diwali dates.
.
The chart explains the rest.
Nifty is following the price action which I have marked, as is. (You can check the attached Link to Related Ideas to access the same)
.
Touched 16750 and then reversed after touching the trendline (2nd Slant one) marked.
Went up to 17400, touched the resistance, which is again marked - Horizontal Line and then reversed.
and I am hoping that it'll touch 16700 again(Good Support) for gap filing(marked in july-august month) before moving up, which coincides with Diwali dates.
.
The chart explains the rest.
