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davidtrader1906

Nifty Broken out with less volumes

Long
Nifty 50 Index (NSE:NIFTY)  
davidtrader1906  
NSE:NIFTY   Nifty 50 Index
Trend Analysis nifty50 breakoutsignal
4
2
trendanalysis nifty50 breakoutsignal
Is this a real Break Out ?
Ans is No
So can I short the market ?
That's Not Advisable
So what to do at this position ?
Well ! There is 30% of chances for False Breakout. If NIFTY sustained above the trendline Tomarrow you can go Long and NIFTY is nearing it's ATH. Can expect minimum 5% from the NIFTY !!

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