harshk1426

Nifty Chart - Showing Breakout Levels

NSE:NIFTY   Nifty 50 Index
Nifty is expected to show a Breakout from its current trend, within next 2 weeks.
So strategy should be sell on the Breakout Trend Line , and Buy on the below Trend Line . Stop Loss either just above the Trend Line or Below the Trend Line , depending upon the Long and Short positions.
Although, It is clearly visible that from past 3 Months it has been in an uptrend. So, one can also adopt the strategy of Buy on Correction.

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