Mighty Nifty - Budget rally is still on!

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Nifty is showing its power from afternoon today. I posted "Mighty Nifty - Budget day special 2" as an example of bullish flag breakout. The rally continues. Nifty is buy with stoploss 8670 with targets 8740, 8765 and 8800.
Trade active: 8715 on 2/2/17
Trade closed manually: @ 8710 as bn not supporting nifty.
Comment: Why this analysis failed? RSI shows bearish divergence.

Success Log.For live maket analysis follow me in telegram.
To learn about system trading,

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.