Nifty can soon start it's up move. It'll break the black horizontal line and start going up. However, the count in the Bank Nifty is clearer, so an entry based on Bank Nifty would be a better idea. (The link for Bank Nifty is attached).
Kommentera:
Min. target for Nifty up move would be 8770.
Kommentera:
Also this is in continuation with the higher degree NIFTY move:
Kommentera:
An SL of 8592 would be appropriate for longs on Nifty.
Kommentera:
Can be longed again now.
