MoneyMunch.com

Link to Moneymunch

Investors eye is ready to invest money, NIFTY.

Posted: 05 Aug 2019 08:54 AM PDT

Nifty trading in the middle of the channel.

  • The channel, “Gravitating Price” which is from (1) to (7) is a magnetic price toward it.
  • There’re 3 excesses already display in the chart.

In respect of excess(iii), Nifty will create excess (iv) presented which is the expected range of 10811 to 10600.

This range of excess(iv) will strongly attract Investors to buy. Caused by breakdown strategy, buying zone is already started in nifty.

For the target of pullback using Fib. Retracement, 38.2% is at 11088 and final target 11316(gravitating value) nearby of 68.8%.

PLAN TO TRADE

Please log in to read the entire text. An only premium subscriber can read the full article.
If you dont have a login yet, please subscribe now to get access.

The post Investors eye is ready to invest money, NIFTY. appeared first on Moneymunch.

Nifty trading in middle of channel.

Posted: 05 Aug 2019 01:24 AM PDT

In last update, We have exited from LONG position at 11111 in AUG future. It was upto 150 points profit.

Channel is tight, and there is no any new until 7th AUG 2019.

Resistance 10916 nearby if first and Support is 10748 nearby if first it.

The post Nifty trading in middle of channel. appeared first on Moneymunch.