NIFTY--Breakout or Fakeout??
Nifty is trending higher and higher...
Closing is given above the ATH again,
If this is a breakout, in the next session it will continue its momentum higher again.
If it is a fakeout,buyers trapped in today's bullish move.
If a retest to the previous ATH Is given,and continues, go long, otherwise keep in short side, below the channel again.
Closing is given above the ATH again,
If this is a breakout, in the next session it will continue its momentum higher again.
If it is a fakeout,buyers trapped in today's bullish move.
If a retest to the previous ATH Is given,and continues, go long, otherwise keep in short side, below the channel again.
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Thanks for your Support **
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