MarketVidya

NIFTY Breakout and 50 % Retraced

Long
NSE:NIFTY   Nifty 50 Index
I was expecting a golden ration retracement on Nifty but surprisingly it took a U TURN at 50%. Trend look positive on short term upto 10780 levels.. as shown in the above image, upper trend line acts as immediate resistance.

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