traders_pit

NIFTY getting ready for big up move

Long
NSE:NIFTY   Nifty 50 Index
Nifty has resisted to fall on last two chart patterns, and then closed comfortably above 12000 on thursday expiry.
Now current chart pattern is showing consolidation.
RSI is also providing strength.
As per chart, Nifty is showing all the signs of a stron up move.
Good time to go long

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.