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TheStocktrader_Skn

Nifty -- Preparing for a big move

Long
Nifty 50 Index (NSE:NIFTY)  
TheStocktrader_Skn Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY nifty50 niftyanalysis niftytrend niftyprediction niftyview niftytradesetup
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trendanalysis chartpattern indicator nifty nifty50 niftyanalysis niftytrend niftyprediction niftyview niftytradesetup
Index is paused in a range of 200 points for multiple day's now. Sellers trying hard to bring it down but buyers ate not in a mood to give up. Today is the classical example when the 1st min candle itself absorbed 115 Mn shares, Exceptionally high volume and whole day price traded above the range. my view is bullish till nifty holding today's low. Soon we may see 18k.

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Comment:
Indian Indices are preparing for a gap up. hope we ill go with the wind.
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