ssvirdi

Nifty of Radar - 16 May

NSE:NIFTY   Nifty 50 Index
Today we have a Breakout of Both bands and the Resistance of 22300.
Also RSI>50 indicates start of an uptrend.
But today's move is not tradable due to expiry volatility.
So, I wait for another candle to confirm the trend direction.

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.

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