NIFTY :Closed above previous days high of 19030 levels is a positive sign as for the first time it negated the lower low formation.
Is it the right time to go long on NIFTY? Risky traders may consider going long with yesterdays close as SL.But NIFTY entering into 10DEMA Zone of 19300 and close above 19300 is critical for any reversal and may be taken as a confirmation for buy on dips for the next level targets of 19450/520/600 LEVELS
Is it the right time to go long on NIFTY? Risky traders may consider going long with yesterdays close as SL.But NIFTY entering into 10DEMA Zone of 19300 and close above 19300 is critical for any reversal and may be taken as a confirmation for buy on dips for the next level targets of 19450/520/600 LEVELS