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Nifty 50 Index
Long

Nifty

By deepgups
Updated
With market conditions having been oversold on a weekly and monthly basis I cautioned you all to cut all longs between 19740-19840 zone. Nifty extended to 19960 odd and fell. Now on a daily basis, I see markets ready to extend gains to ATH . Prudent to say that fridays low of 19255 odd Must hold now. Even a small dip below this and then an uptick to finish above 19255 should be considered as a LOW for now to go Long.
Note
Please correct "" OVERSOLD"" as ""OVER BOUGHT""
Wave Analysis
deepgups

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