Nifty is going to touch All time high|Nifty trend Analysis

27 Mei 2023

Good evening Guy's
hope everyone is making profits, I have done my analysis on Nifty Prediction for next month from current levels. Nifty has given breakout of previous highs of december 18443 levels, and successfully closed above to that levels. Nifty has shown a sharp bullish momentum after giving breakout of downward slopping trendline,,and still continuing the trend. Seems we are going to touch all time high very soon. Before to touching all time high there is a resistance level which Nifty has to face, and that level is 18630-18675 level. Hopefully Nifty should give breakout to that resistance also.
On chart Nifty is looking really very bullish. If i talk about long term Nifty trend, then Nifty should take U turn from all time high levels and then we can see some price consolidation in between 18075 to down to 18900 Up levels. Long term Chart looking bullish but price consolidation is also mandatory for making new highs,, usually chart occurs like this only.

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Thankyou

1 Jun 2023

Catatan

Nifty has taken resistance same at our given levels. now next support we can see in between 18350-18375.

17 Jun 2023

Catatan

This was also perfect prediction on nifty analysis