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TradeWithChannels
24 sep 2020 15:46

NIFTY 50--On the verge of a Mega Bull Run? 

Nifty 50 IndexNSE

Beskrivning

Yes , I know it is difficult to trust my post given the disaster of the previous measured move.

However, this time I post with a disclaimer-- Predictions will be valid only when 11900 level is broken before .

Time duration for the targets to be hit:
  • Target 1 12400 3rd Dec 2020
  • Target 2 13600 12th Jan 2021
  • Target 3 15000 2nd March 2021


Basis: Measured Move. When Market fails to go in one direction twice, it generally moves further in the other direction.

Please take this with a pinch of salt. I can be completely wrong. Nifty 50 can fall to 9000 or

even 0
(Kidding)

These are possible targets one can keep in the back of the mind.

Asking for forgiveness in advance _/\_

Kommentera

Measured Move activated!

Kommentera

target 1 reached

Kommentera

TARGET 2 REACHED

Trade stängt: målet nått

TARGET 3 Reached.
Kommentarer
ckirtane
now what is next target? up or down?
TradeWithChannels
@ckirtane, Please specify the Timeframe.
ckirtane
you better write weekly targets those are useful for traders & investors.if you have good knowledge of charts then only you can write daily & weekly predictions.
TradeWithChannels
@ckirtane, I will keep that in mind. Thank you.
sharmakkhpsas
Looks a big mock. Nifty in October will see 10200-300 first even touch 9800-9900.. See the pe so high.. Corona rising.. economy fallen
TradeWithChannels
@sharmakkhpsas, Yeah it could.
Mer