Daily View - positive
Overall view- Positive
after 2 days of correction market finally took support near its ascending line, which confirms that this trend line is still intact and strong.
Finally nifty took support at 11640 levels and make a Hammer like formation which is a bullish pattern.
What to do now
Intraday
Buy at current level with SL below 11640 and targets of 11730/11750
Positional
Buy at current levels with SL below 11590 and a target of 11630/50/11680.
Overall view- Positive
after 2 days of correction market finally took support near its ascending line, which confirms that this trend line is still intact and strong.
Finally nifty took support at 11640 levels and make a Hammer like formation which is a bullish pattern.
What to do now
Intraday
Buy at current level with SL below 11640 and targets of 11730/11750
Positional
Buy at current levels with SL below 11590 and a target of 11630/50/11680.