See the creation of flag pattern in nifty. Volume also good as per the pattern. According to the price movement 5317-4641 the 38% retracement is 4868. if we consider the range of 5228-4641 by considering the reversal points, the 38% retracement is at 4866 which is high as well double top of the day. If price break the channel then the target becomes 4453.
2 comments:
what is next trend of indian market?
realy is it confusing now!
Market never confuse, just it can judge with proper way. please see my recent post
Post a Comment