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OK_Rane
Jun 12, 2020 10:52 AM

Nifty recover after today's storm , Maintain the momentum 

Nifty 50 IndexNSE

Description

Positive factors :
1. 2 out of 3 windows are closed
2. Respected the trend line support
3. Piercing candle
4. Slightly closed above 50% retrencement

Negative Factors:
1. 10000 level is psychological support
2. didn't close 3rd window

It was an optimistic effort by bulls, Still the price area slightly vulnerable
it is not favorable for defensive traders, enter once 10035 level gets cross
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