A rounding bottom pattern gets activated if we can get a daily close above 20000 in
NIFTY
.
Initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish rounding bottom Chart Pattern
Technical Indicator :- Positive MACD Crossover
NIFTY
. Initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish rounding bottom Chart Pattern
Technical Indicator :- Positive MACD Crossover
Trade active:
Breakout not done yet
Trade active:
We got our 1st close above 20000 but i will look for todays close also for more clarity
Trade closed: stop reached:
Stop Loss reached
