NSE:NIFTY   Nifty 50 Index
Clearly break out for a long run.
Hi I am new here. Can you elaborate it please?
infra204 CamManzoor
@CamManzoor, This is a chart from sept. I was trying to predict the possible path. The trend line was broken and it was following a higher high and higher low path. It means it must be in an up trend. It was not following the exact path, but reached a high of 10150 i guess.

infra204 infra204
@infra204, If you are looking for current price, I expect a down trend. But need to wait for a push upwards and then come down. At 10145 is major support where the current price is now. So we can expect a jump from there. if it breaks, previous high, go long. If it comes back and breaks the 10145 level, then go short.

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