NIfty back to bullish trend. The reason for bullish trends are :-
1. Bounced back from 78.6 % Fib level.
2. Forming a inverse head and shoulder and also retested the trendline
Get ready to go long in the index now.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
1. Bounced back from 78.6 % Fib level.
2. Forming a inverse head and shoulder and also retested the trendline
Get ready to go long in the index now.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
Trade active:
Gap up opening and moving up only.
It can go up but the gap created should be filled before that for a good upward movement.
It can go up but the gap created should be filled before that for a good upward movement.