nifty has high probability to touch new highs.
For educational purpose only.
The long price action line has a good upside momentum with good trend angle. the price levels respecting the price action lines for months. but it recently breaking with a moderately good bull candle gives an indication of bull run. and fundamentally speaking profit booking will not happen at this kind of levels as a result more smart money start accumulating in the recent levels leads nifty to new highs. Thank you.
For educational purpose only.
The long price action line has a good upside momentum with good trend angle. the price levels respecting the price action lines for months. but it recently breaking with a moderately good bull candle gives an indication of bull run. and fundamentally speaking profit booking will not happen at this kind of levels as a result more smart money start accumulating in the recent levels leads nifty to new highs. Thank you.
Trade closed: target reached