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Nifty: Conquering 20 Day EMA ?

NSE:NIFTY   Nifty 50 Index
Nifty

Given the set up Nifty could be moving towards testing 50 day EMA & further towards 17460 odd levels

17155 / 17070 are important support levels

Take care & safe trading...!!!

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
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Comment:

In the last 2 days Nifty closed in the negative but it was just fortifying the support at 20 day EMA that it had conquered.

Once it survived for 3 days, today Nifty jumps to conquer 50 day EMA

Technical Analysis once again helps us in our trading....!!!

Happy trading..!!!

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