#Nifty || 20th June 2022 || Falcon Trader || Daily Analysis

17 Jun 2022

Nothing changed in terms of Falcon Waves - Wave counts are same as was on 17th June 2022

If you look at chart carefully we have Trigger Line placed and it got closing above the trigger line which really matters.
Now I think we can go higher, provided we get some support from US today. Monday is holiday in the US so Tuesday can be a pull back for us. This is just psychology might not work but good to keep in mind.

Now, we are focusing on upward movement, and might even get a surprise gap up on Monday.

Overall trend is bearish, therefore overall outlook is to short this market however there will be pull backs to make lower highs.

Enjoy trading but remember life is short, time to life, time to family is very important.

Key targets show in red, in ABC format.

20 Jun 2022

Nota

If we break this sub box then next target is 15700