1. closing above 2100 (phycology level & strong support) 2. done its retracement after break the trendline - 38% fib 3. taking support at 50 EMA daily TF 4. todays market recovery after falling 5. high weightage in NIFTY 50 to move up
Its at 2009 now with a sharp fall. whats your view till march expiry ?
parth9635
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@darshanvachhani, you can add positions now , reasons- 1. tested 68% fib retracement level
2. bullish engulfing
3. taking support at trendline after breakout
4. strong nifty - and reliance will lead its move