Nifty touching weekly trendline

Nifty 50 IndexNSE

Description

⋅ Aug 13, 2022 1:11 AM

Breakout or reversal???
My view is positive.
But one pull back is required for relaxed long side.
Some positives:
Crude downside
Vix contracting
Relaxed Inflation than earlier
Some nagatives:
Uk,usa recession fears
China Taiwan tension

Comments

Bravetotrade

⋅ Aug 13, 2022 5:32 AM

Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.

Thanks for your contribution.
From mod @Bravetotrade

vipece2007

⋅ Aug 13, 2022 6:40 AM

@Bravetotrade, Thanks for wishes