Get started
Stock_TechPro

NIFTY IS PREPARING FOR SUCH A BIG UPMOVE IN INTRADAY

Long
Nifty 50 Index (NSE:NIFTY)  
Stock_TechPro Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
According to price action of the Index, it clearly shows breakout on these levels and seems to be preparing for next bigger upmove, if anyone having short in the index may be square off the position and wait for new levels like 9400 may be today.
Comment:
This move can be vulnerable as everything is inches up like USDINR & crude is also going towards big high. Stay cautious and away from much more leveraged positions and book profits as per risk appetite
Disclaimer

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.