Nifty 50 IndexLong
#Nifty || 20th June 2022 || Falcon Trader || Daily Analysis
Updated
Nothing changed in terms of Falcon Waves - Wave counts are same as was on 17th June 2022
If you look at chart carefully we have Trigger Line placed and it got closing above the trigger line which really matters.
Now I think we can go higher, provided we get some support from US today. Monday is holiday in the US so Tuesday can be a pull back for us. This is just psychology might not work but good to keep in mind.
Now, we are focusing on upward movement, and might even get a surprise gap up on Monday.
Overall trend is bearish, therefore overall outlook is to short this market however there will be pull backs to make lower highs.
Enjoy trading but remember life is short, time to life, time to family is very important.
Key targets show in red, in ABC format.
If you look at chart carefully we have Trigger Line placed and it got closing above the trigger line which really matters.
Now I think we can go higher, provided we get some support from US today. Monday is holiday in the US so Tuesday can be a pull back for us. This is just psychology might not work but good to keep in mind.
Now, we are focusing on upward movement, and might even get a surprise gap up on Monday.
Overall trend is bearish, therefore overall outlook is to short this market however there will be pull backs to make lower highs.
Enjoy trading but remember life is short, time to life, time to family is very important.
Key targets show in red, in ABC format.
Note
If we break this sub box then next target is 15700 
Falcon Trader
Trading Courses charts-stocks.com
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Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
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