TradingView
ipuneet
Jan 14, 2021 7:35 PM

Nifty - going strong, 14270 important for bulls.  Long

Nifty 50 IndexNSE

Description

ADX rising, DI+ weakened shows some weakness, DI- indicating upternd.
RSI rising and above 80, highest since Nov. 18
14640-14710 can be resistance points for the day, 14510-14450 should act as supports.

Long trades using bull spreads of duly hedged strategies can be taken, as long as 14270 holds.
More