Nifty hasn’t given a continuous breakout of the lower high. If nifty couldn’t give consecutive closes above lower high, there can be a failed swing low and signals resumption of the trend.
In 30 minute timeframe, the price has made a value area box where supply equals demand. If nifty gives a continuous break to the upper band of the value area, traders can initiate a buy position for the target of 17554-17586-17618.
Strong closes above 17621 indicate a good time for bull traders.
Swing failure may drive the price lower. Bear traders can look for 17465-17408-17312.
Would you like to get our share market updates instantly?
Click the link to join: Free Stock Tips
Do you want to get premium NSE calls?
Click the link to subscribe: Premium NSE Stock Tips
If you have any questions or concerns about the stock market, don’t hesitate to contact me:
- Email: [email protected]
- Phone: +91 903 386 2706
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
Market open hote hi targets achieve hogaye.
maza aagaya sir.
Nifty looks strong but FII behavior is very important. We should examine the main factors of GDP as a new version of Covid is coming.
wah, kya baat he. gap up ke saath target milgaye.
BTST valo ko toh bahut fayda hua hoga.
GOOD CALL MR.DEV
NIFTY TOOK BULL TARGETS
Unbelievable predication Sir
You are the best.
Well rounded analysis!
Great work!
Thank you sir for the clear and concise analysis. Great job, keep up the good work!
it’s 😎 cool👍
You have extraordinary skills in analyzing the market.
very helpful.tanks
Love your videos. Very helpful. Please keep updating us with stocks and indexes. Would you be willing to review bank nifty? Thank you so much!