Nifty trading range
Nifty trading range was put forward by me on 05/05/2019.
On the day I had predicted huge move by nifty either upward or down ward.
At the end of that idea I had expected nifty to come down appreciably and
during election result out come days nifty to bounce back.
During these days nifty has traveled nicely obeying the trend lines.
Indian VIX index is high now a days.However due to domestic factors I am assuming
Nifty to recover much..next resistance for nifty is 11460 and 11475.Let us see what happens
and see if nifty travels with in trend lines.
On the day I had predicted huge move by nifty either upward or down ward.
At the end of that idea I had expected nifty to come down appreciably and
during election result out come days nifty to bounce back.
During these days nifty has traveled nicely obeying the trend lines.
Indian VIX index is high now a days.However due to domestic factors I am assuming
Nifty to recover much..next resistance for nifty is 11460 and 11475.Let us see what happens
and see if nifty travels with in trend lines.
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