As discussed last time, for Nifty 17500 is going to be a good support area on daily chart.
Now lets zoom out a little and have even larger TF view, this is weekly. And as you can see, on weekly chart were are not even near to bearish zone.
So any and all speculations of bearish market, or bearish trend for upcoming years, is just out of the wind.
We are in a very strong bullish trend, sure, it might have lost some momentum recently, but its due to change very soon.
I expect nifty to bounce and do double of current levels.
Now lets zoom out a little and have even larger TF view, this is weekly. And as you can see, on weekly chart were are not even near to bearish zone.
So any and all speculations of bearish market, or bearish trend for upcoming years, is just out of the wind.
We are in a very strong bullish trend, sure, it might have lost some momentum recently, but its due to change very soon.
I expect nifty to bounce and do double of current levels.
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.