The_Trader14

Nifty back in uptrend.

NSE:NIFTY   Nifty 50 Index
Nifty gave a small correction as expected and now back rallying up.

In my last post in the comment section I did mention to one of the user that this is a correction fall and expected Nifty to make a new high.

And as predicted Nifty reversed from our target 1 and rallied upside to make a new high.

Nifty closed after making new high today and made a strong statement that it will go up more.

The only concern is that it is near upper line and small pullbacks are bound to happen to move upside for more targets. Hence place your bets wisely.

As said "Never ever argue with the trading system." Hence look for opportunities to rally along with Nifty.

Stay awake and Stay cautious.

Note: Views only for educational purpose. Consult your financial advisor for any trade.
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