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Nifty failed to close above Kijun in 1st pull back attempt , now prior swing low level of 10140 is
do or die level for Bulls. Successive break of 10140 could drag Nifty to 10010.
Bearish cloud getting thicker indicating string bearish Trend.
Above 62.40 Cloud candle break out and more strength above 62.50 ( KijunSen)
In this video i attempted to explain long term Trend following strategy using weekly ichimoku chart which offers excellent risk: reward opportunity for long term Trades.
Doji at Trendline resistance followed by selling indicating
Dr Reddy broke cloud resistance and now on verge of Double
Bottom pattern break out above 2245.
926-927 Good area of support where I am looking for Long .
Nifty Road map using 30 min Ichimoku strategy
8800-8820 could be next hurdle whereas above 8820 Nifty could take momentum for 8880-8940-9000
Nifty may come down to 8800-8750-8730 sl 8880