on nifty daily chart there is a diversion formed if the price does not make new low and maintain above the trendline on EOD basis then a sharp upside move can come till 16200-16400 mark
Inverse Hammer is also there at support area which is also bullish sign if market starts cross and maintain above that
Note :- If Low breaks in coming sessions Without entering the Trade setup than this trade is null and void
entry point above 16858.00
Target :- 16050-16055
Target 2 :-16250-16255
Target 3 :- 16450-16455
SL :- 15659.00
Inverse Hammer is also there at support area which is also bullish sign if market starts cross and maintain above that
Note :- If Low breaks in coming sessions Without entering the Trade setup than this trade is null and void
entry point above 16858.00
Target :- 16050-16055
Target 2 :-16250-16255
Target 3 :- 16450-16455
SL :- 15659.00