NIFTY is struggling to break the new high. From the Fibo extension with the previous low of 8000 around. It is reached 4.236 level at the price of 15500.
Stochastic also in overbought and crossed level below.
Our target and SL would be TP1 : 14300 TP2 : 12500 SL : 16000
Let us see whether the trend goes.
NOTE: This is not a financial advise, this is just my view for educational purpose, do your own analysis. I will not be responsible for your loss
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.