Wealthcam

Will 21500 act as a RESISTANCE..?

NSE:NIFTY   Nifty 50 Index
As we can see NIFTY had been rallying every since it broke out of its ATH. Now we can see it had been following a trendline and rejecting exactly from that zone and the psychological level of 21500 can add further fuel to the fire acting as a RESISTANCE hence any signs of rejection around the given trendline could a good opportunity to sell keeping SL at last swing high and riding the whole rally so plan your trades accordingly

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