vikramsthakkar

Nifty On verge of breakout or consolidation ????

Long
NSE:NIFTY   Nifty 50 Index
Immediate sup @ 10225-10250,
till holds expect upside upto 10375-10410
Break above 10410 will further strengthen
rally upto 10490
In case 10225 is breached, profit booking
upto 10140-10100 will be seen
As price is trading above key MA,
expect momentum to remain bullish

With RSI giving first signs of breakout, next
couple of days will be closely watched

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.