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NeoTraders
Jul 11, 2017 3:06 AM

NIFTY Hourly  Long

Nifty 50 IndexNSE

Description


Shooting Star on 60 minutes does signal a momentary arrest of the bullish charge. A follow-through towards the close of yesterday does indicate a possibility of a pullback today hence one should be looking to buy on dips after the strong surge witnessed post the buy opportunity that I had highlighted few days ago. The bias continues to be bullish but a pullback buy towards 9720 around the median line support would be a better approach for participating in the Nifty.
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