jairamnew

nifty trade setup date 26 may 2023

Long
NSE:NIFTY   Nifty 50 Index
nifty did consolidation at resistance gave breakout so i took entry .if nifty spend time at resistance and breaks it after few attempt that means its proper breakout i took the entry after nifty broke resistance the target will be next resistance and second target will be above 18480 will update once target or sl hits it may take time to hit target as RSI is overbrought so to cool down the RSI nifty will go down and up or spend time in the zone
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.