Nifty Chart
MULTI resistance 27164 and multi breakout support at 26713 either side breakout only move for 500-600 points
Negative divergence on Daily chart at swing Target reached 138.2. expected sideways to reach 11187
As per lower time frame chart shows, any trade below 11000 will lead nifty
towards 10968-10949 range. Sustained
above 11050 will be good for bulls.
Nifty yearly TABLE issued First retracement Target 11078, Recent Swing
10417-10893 first retracement Target 138.2% at 11074, so range fixed for
retracement profit booking at 11070-11080.
EXACTLY reached First target of breakout target 11078. Three consecutive closing below 11078 will
lead minimum Target 10893 or max 10711, so wait and watch tomorrow's closing
for further move. There are two choices
for target 11187.
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