Nifty at Critical Juncture
Updated
All three lines converging... rising bottoms, flat top and 50 day moving average. Breakout above 9450 will be a boomer!
Trade closed: target reached
Went up exactly as expected. Now at a critical resistance. It is expected to test this resistance multiple times or consolidate at this level (9850 - 9950), before taking a clear direction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.