Box Breakout Awaited / NIFTY 50
Updated
All observations on chart.
The big green candle has closed outside the box, but will wait for further few candles.
on 30 min chart nifty has formed 3 back to back green candles & on 15 min chart has formed 4 back to back candles.
Chances of Up move are higher. If sustains outside the box this can move till 15160/15240 /15320
The big green candle has closed outside the box, but will wait for further few candles.
on 30 min chart nifty has formed 3 back to back green candles & on 15 min chart has formed 4 back to back candles.
Chances of Up move are higher. If sustains outside the box this can move till 15160/15240 /15320
Note
After a Gap up.Current level look good to go long
Trade closed: target reached
All targets Hit!
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