forextidings

Will NIFTY breaks 2020's high 12430?

NSE:NIFTY   Nifty 50 Index
Today nifty has gained 37 rupees after hitting the major support trendline. Nifty & nifty stocks will fluctuate tomorrow. If it stays above the trendline, it will start flying upward from the beginning of the next week. This journey ends at a new high!

Therefore, the day traders can buy for the following levels:
12000 - 12260 - 12400+

Technically, its trend is weak. So, if it breaks the major support trendline, then you can sell.

Here my targets are:
11300 - 11060 - 10552 - 9972

Please recognize tail, excess, or fakeout before entering a downtrend.

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