Nifty have cometed our 19200 trvt and then gave high of 19450.
Nifty is in uptrend from March 23 till today
From March till June22 it had not not broken trend , but on Ju e it broke the uptrend line for 2 days and again gained it.
The uptrend line is running 27 degree angle till June
From 28 new uptrend line had formed with 57 degrees, sustainable of this degree is in question.
It had broken the second up trend and now commi g down
Since 27 degree angle has formed base by nifty chances are high nifty will come back to 27 degree angle which is at 19200 to 19100
Conclusion sell nifty for 19150 trgt.
Nifty is in uptrend from March 23 till today
From March till June22 it had not not broken trend , but on Ju e it broke the uptrend line for 2 days and again gained it.
The uptrend line is running 27 degree angle till June
From 28 new uptrend line had formed with 57 degrees, sustainable of this degree is in question.
It had broken the second up trend and now commi g down
Since 27 degree angle has formed base by nifty chances are high nifty will come back to 27 degree angle which is at 19200 to 19100
Conclusion sell nifty for 19150 trgt.
