I think that either the NIFTY50 or the entire market is entering a Bullish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a UP ward direction. This projection is based on two potential factors:
-> Today Imp Resistance level 21517 Crossed. -> We have strong Support in 21250 and it was our reversal trend. -> Today Bullish Marubozu Candle
For those involved in options trading: Consider a small hedging strategy. For those engaged in futures trading: Implement a strict stop-loss strategy.
Important Note: Make risk decisions in line with your available capital. It is strongly advised to refrain from trading with borrowed funds or your entire savings, drawing from personal experiences.
Trade closed: target reached
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Today HIGH 22126, Which is Target 2.
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