Hello tradingviewers
presenting for you
NIfty daily price target analysis
as we seen than at the election result day market falls around 2060 point from previous high
and after that successfully close above high at 13-june 2024
so all negativity is behind that day
and that day nifty promise that it goes higher for fresh highs
so the 1:1 risk reward target is aruond 25400 for up coming days
Q- where is the fresh entry in this trend
A- any where near previous top around 23350
Q- what is the stop loss for this current trend
A- closing below 23200 is a stop loss for this trend
Q- what is the Target for this current trend
A- near 25400 where 1:1 risk reward