neilroy7

Nifty should reverse from 8430 obeying an old trend line.

Long
neilroy7 Updated   
NSE:NIFTY   Nifty 50 Index
Nifty currently should reverse from around 8430, which would mean it obeying an old trendline on a hourly chart.
There are two different counts for Nifty, the ones in read are the secondary and one in dark blue are primary, Both of them show that we should take a good upmove after the fall today. Keeping in mind next week is important, and according to the secondary count, there could be a downmove left, but things will get clearer as the time passes.
For now we nifty should go up.
Trade closed: stop reached:
stop loss triggered
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