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.
