Nifty Path Ahead?

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 Disclaimer: - The analysis shared here are just for educational purpose and not any trading ideas. So, I would not be liable for any of your Profits or Losses.


Nifty's breakout done successfully on hourly timeframe.

Nifty can go till 17850 and if the the momentum gets faster than fall till 17785 is possible after completing this Nifty can again touch lifetime highs. Even 17785 was a prior resistance and now can act as a support on an hourly timeframe. The image below displays the time cycles which are important for the current trend.




Disclaimer: All content shared on this blog is purely for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any securities, commodities, or currencies. The views expressed are personal opinions and market interpretations, and may not be suitable for your individual financial situation. Please do your own research or consult a certified financial advisor before making any investment decisions. Investing and trading involve risks. Always trade responsibly.

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