MohammedJunaid

NIFTY: Heading 10720?!

Long
NSE:NIFTY   Nifty 50 Index
NIFTY Just crossed Ichimoku cloud with supporting RSI and likely to close above it. Which has also confirmed NIFTY crossing EMA20 on Daily charts qualifying a BUY with Target of 10720.

Could this be a re-start of previous bull-run? Yet to be answered. however, Long trade is setup on NIFTY for now.
Comment: Keep a Stop-loss of 10470 on closing basis for this trade.

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