Nifty information technology is giving early signs of some retracements from current levels as what I can see it is bounce from strong support zones as earlier it bounced two three times and one more thing is that on RSI indicator it gives a signs of picking some momentum from current levels as it nicely comeback from so called oversold zones on this indicator so I think it can help out for accumulation or for trading for sharp and smart traders.
Cause of long-:
1- Bounced from strong support zones (Good risk to reward trades I can get big targets small stop losses)
2- RSI indicates some upwards movement in this index
Cause of long-:
1- Bounced from strong support zones (Good risk to reward trades I can get big targets small stop losses)
2- RSI indicates some upwards movement in this index
Trade stängt: målet nått:
TARGET ONE BREACHED AND CLOSE ABOVE
Trade stängt: målet nått:
TRAGET 2 REACHED TODAY ✌🏽
Trade stängt: målet nått:
ALL TARGETS ACHIVED ✌🏽👍🏽