NIFTY | Still in Bullish Trend.

NSE:NIFTY   Nifty 50 Index
When it comes to the technical analysis of NIFTY, it is in an uptrend. Right now price is staying near 17818. But it is not a good idea to go long from that price range. And the price is a tad far away from the previous demand area; which means the price is expensive right now. So you should only buy the security if the price pulls back to the previous demand zone ; where price is cheaper. There is a good chance the price might get rejected from the previous supply area. So you could expect a pull back to previous demand zone . If it does, you may go long by placing the stop below the demand zone . Your targets are T1, T2 and T3.

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