As analysed, following the structure, we can still see NIFTY in more like an inverted head and shoulders pattern which is a strong bullish pattern. Hence now that it has managed to close above 26000 which has already been tested multiple times before can now show a very strong upmove above 26100 which is a neckline of the structure so one can go long if breaks above given level so plan your trades accordingly and keep watching everyone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.