Correction in Nifty50 After Breakout "Rising Three"
Hi Friends It looks like that Nifty is Correcting after a breakout just before Budget because it just taking a support of 11780
A Trend Line Support is here so I think Nifty should bounce from here right before Budget and It might test previous high's again.
After a Breakout similar to rising three method seen in nifty 4 hours chart. If it fails than it can go down to test much stronger support of 11650. But I'm Bullish Right Now because history is favouring July.
A Trend Line Support is here so I think Nifty should bounce from here right before Budget and It might test previous high's again.
After a Breakout similar to rising three method seen in nifty 4 hours chart. If it fails than it can go down to test much stronger support of 11650. But I'm Bullish Right Now because history is favouring July.
Kommentera:
Nifty Successfully Closed above 11854 and heading upwards positively
Kommentera:
Nifty is respecting Trend Line by taking its support.
Kommentera:
A Small Hurdle at 11970
Kommentera:
Exactly Nifty Faced Resistance at 11970 today.