NIFTY Analysis for 06th December.
Hello Everyone,
Happy Weekend to all of you,
Let see for NIFTY analysis
1) First nifty made a Falling Wedge pattern
2) Nifty closed on nearest trend line as a wedge support some of here buy for upside- Right???
3) As per my Analysis SGX Nifty closed on Friday(03 DEC 2021) -80 Point.
4) so NIFTY open Upward trend line of wedge below means support break now its a supply zone.
5) And NIFTY 50% fib rejection from Top level
6) see on chart previous gap is pending so market not sustain upside.(MY ANALYSIS say That)
===>>And most reliable news coming soon RBI declare policy and also bad news for OMICRON virus so market will be volatile.
----> watch all levels and analysis your own,
Those analysis only Education Purpose, If you taken trade its your own Risk.
Happy Weekend to all of you,
Let see for NIFTY analysis
1) First nifty made a Falling Wedge pattern
2) Nifty closed on nearest trend line as a wedge support some of here buy for upside- Right???
3) As per my Analysis SGX Nifty closed on Friday(03 DEC 2021) -80 Point.
4) so NIFTY open Upward trend line of wedge below means support break now its a supply zone.
5) And NIFTY 50% fib rejection from Top level
6) see on chart previous gap is pending so market not sustain upside.(MY ANALYSIS say That)
===>>And most reliable news coming soon RBI declare policy and also bad news for OMICRON virus so market will be volatile.
----> watch all levels and analysis your own,
Those analysis only Education Purpose, If you taken trade its your own Risk.
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