NIFTY is about to complete the retracement of previous fall by 20th Feb. Next Immediate Move of NIFTY is uptrend in short term. I Have marked the Path in Chart.
NIFTY Uptrend is almost over. It is getting ready for BIG fall post 20th Feb, 2020. Almost everyone expecting BIG fall (Nearly 1500 points fall) from Sep 2019, but that fall is delayed further. No Date seen from this point to predict 1500 points fall in NIFTY. The BIG fall that i mentioned was 400 to 500 points fall post 20th Feb, 2020. I will post clear level and date on 20th Feb, 2020.
At this moment, NIFTY will move upwards towards 12330 level.
Target 1: 12330 Target date : 20th Feb, 2020.
The Target is 220 points above from current NIFTY level, but it has 4 complete trading days, so NIFTY is expected to take sideways with slight uptrend to reach the target. OPTION Selling will benefits the trader rather option Buying for this week.