Market might be busy creating trap for traders looks like heading towards 10300.
Nifty is trading below the first support line and moving towards the next one and if closes below might
moves for lower levels around 10300-250 else bounce back from here.
This is my personal view, Feel free to share your opinion in the comments section.
Stay Alert! Invest Wisely!
Traders,viewers and other analyst are free to express their opinion and suggestions regarding this article.
View on the Index
NIfty has formed an sysmmetrical triangle on a daily chart and it is confirmed!!.
So a break above 10930 on closing basis shall confirm the uptrend towards 11080.
If i am wrong then we shall use the upward sloping trendline...