Description
⋅ mifty bullish trend might be going to end and reverse.
Comment
⋅ nifty given a breakout and closed above its resistance today.
present scenario is we should look to 11735.
since this is a weekly chart we have to see how the weekly candle is forming this week.
long side stoploss should be below trendline which is 11323.
happy trading.
Comment
⋅ beware of nifty at 11767 next week
Comment
⋅ as expected nifty shown resistance at 10790.
now nifty likely to move to 10806. Stay alert.