Still the breakout dint failed, with a small risk can go long upto 10410
CMP : 10289
SL : 10239
Target : 10410
1:2 risk reward, almost 121 pts ahead with 50 pts risk.
1) NIFTY if you compare with my yesterday analyze, it has formed at resistance, and today almost kind of a and closed near yesterday low
2) If tomorrow morning turns up and reached our target (10410) it will become a pattern and sign and breakout can give more heights
3) i'm 15 min's time frame, that is really powerful.
P.S : at ressistance level is not that much powerful, so try to close the position as soon as target reached.
Please switch to 5 mins candle and see the breakout also RSI Divergence. At the end it is only my analysis any feedback is appreciated