Nifty EOD chart analysis – 19th Feb 2018

Hi Friends,

Today is Monday 19th Feb. we shall analyze the EOD chart of Nifty. Nifty made a high of 11170 and then Corrected till 10276. now Nifty has retraced 38% of this fall at 10618. For last 8 trading days Nifty has been in a range of 10276 to 10630, Now this range has to break, expecting a 300 point move on either side soon>>>>

If 10300 breaks with good volumes>> expect 10000 -10100 soon

if 10600 breaks>>> expect 10900 soon >> with Short covering Rally>>> as its EXPIRY WEEK.

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