SumantraChabri-NCFM-NISM

Nothing happened to Nifty yet

Long
NSE:NIFTY   Nifty 50 Index
In the weekly chart,nothing happened to Nifty yet, one can still go long on Nifty , the wave pattern is clearly suggesting . Moreover , it is still maintainning the upward channel. By the by, for a sustainable upmove, the RSI must have to sustain above atleast 63-65 level.
Trade active:
Nifty gave upmove as per my observation.
Trade closed manually:
Exactly what is expected, trade closed at 11695.

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