Watch the trendline resistances. Following can be the initial targets for Nifty Spot 6112 - T1 (Achieved - Yesterday) / 6181 - T2 / 6270 - T3. Let us see how far and how fast Nifty can move to one or all of these levels. I think hitting the first target itself has prima-facie confirmed the trend reversal. One more confirmation will be cross of 6123.5 in first 3 hours(Preferably) or today.
No comments:
Post a Comment