Nifty information looking good finally on daily chart by breaking a horizontal trendline resistance and looking bullish in setup for coming sessions MACD indicator divergence giving positive divergence signals too on daily chart, That is why I am looking fresh long opportunity in this oversold index stocks..
Cause of Long
1- Horizontal resistance trendline breakout.
2- MACD positive crossover
Cause of Long
1- Horizontal resistance trendline breakout.
2- MACD positive crossover
Note
Trade closed: target reached
TARGET ONE REACHED
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.