Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Saturday, June 6, 2020

Nifty May Be Taking a Breather




Weekly Chart 



 Daily Chart 



A breakout above previous high at 9889 and the lows made in 2018 around 10000 represented by the red horizontal line has held well, and may well proceed towards the targets of 12300 mentioned in my earlier posts.

 Nifty is now in a higher high higher low sequence indicating an upmove in process till we break a low made which now is at 9945.Gap support is at 9707-9580. 




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Happy Trading !!

Lakshmi Ramachandran

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