It is been observed that the price action trending up on daily chart and recently breaks out of downward correction channel on daily chart. Today, Nifty corrected on a big move but the price action in this doesn't change. Bulls are in control and dominance in current scenario. It has completed 8 Waves cycle and now moving onto a new impulse wave. It is a good time to get long in this one.
Target: 268
Stoploss: 220
Target: 268
Stoploss: 220
Trade active:
Bulls in full control, reaching up to targets.
Trade closed: target reached:
Targets reached successfully. Regards
