NIFTY UPDATE

NIFTY have strongly extended its strength which it had on PRICE PATTERNS.
once it took out 21,834 on FRIDAY,
it took no TIME to achieve the PATTERN objectives of 22,000 and 22,090 on spot.
Going forward this momentum should continue as long as INDEX holds 21,850 on spot.
Any sharp dipp which manages to hold 21,850 would b an ideal level too pick longs.
On TIME front TOMORROW is a key CYCLE date for NIFTY BANK since NIFTY BANK has held 46,800 PATTERNS continues to stay BULLISH here.
for NIFTY next CYCLE dates are on 19th,and,22nd,JANUARY.

Leave a comment