Date: 17 Jan 2022
View on Nifty in the near term
Nifty formed 2 flag patterns in the last 1 month. First flag pattern achieved its price target in the targeted time duration.
Now its time for Flag pattern 2 to follow the price target level and time duration. More than half of the target is achieved in Flag 2. Before the budget Nifty can achieve its all time high.
Note: This view is only for educational purpose. It's not a recommendation for buying Nifty Fut or any other stock from this level. Please trade at your own risk.
View on Nifty in the near term
Nifty formed 2 flag patterns in the last 1 month. First flag pattern achieved its price target in the targeted time duration.
Now its time for Flag pattern 2 to follow the price target level and time duration. More than half of the target is achieved in Flag 2. Before the budget Nifty can achieve its all time high.
Note: This view is only for educational purpose. It's not a recommendation for buying Nifty Fut or any other stock from this level. Please trade at your own risk.