Did you read Nifty’s research report?
[Yesterday] NSE NIFTY Rebound Change Of Trend Or Just A Correction?
Nifty has formed the value area where supply and demand were a deadlock. Destruction of the equilibrium zone is evidence of a big move.
Price was also on the control line of the parallel channel, and the Price crossed 50 MA.
I have mentioned in bold words, “If the Nifty breaches the upper band, we can expect 17365 – 17562 – 17600.”
- 09:15 AM: Nifty touched the first target of 17365.
- 11:10 AM: Nifty made a high of 17507.
Will Nifty reach the second target of 17562?
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