Nifty Prediction for 14/01/2020

Nifty broken earlier all time high and posted new high of 12337.75. I have drawn new resistance line and nifty has broken this line upwards. Now if nifty closes above this line for 2 more days then it may go up further. If this happens then my Elliott wave counting will change again. I have already written the same in red.

Yesterday nifty and BankNifty were in best buy in our #share #analysis #softwareand both closed up. Nifty MACD is also up now. So software is also pointing towards up move. Let us watch today.

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Nitin Shripad Joshi

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