Nifty Share Rate currently trading around 19411 makes Nifty 50 above 19400 levels again after much deliberations. I am more interested in two things:
Nifty 50 reached our initial target of 193800 levels that we discussed in previous blogs
Nifty 50 has also reached a key level .. which I always take into considerations. EMA 450 , well there we go.. I spilled out. On 1H time frame.
Nifty 50 , will eventually take a pull back here. I am looking at shy of 19350 levels to cool down my friends, RSI and CCI. Nifty50 will eventually follow the rally upwards with targets mentioned daily. Come back everyday on www.charts-stocks.com for more analysis. Happy Trading!
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