AFFLE , 1D Chart formed U shape & Gives Breakout. Can Go LONG above 3146 only for Positional or long term.
If Price opens below 3146 level then it may retrace back to for CUP & HANDLE pattern, I would buy On Dips till the Support Zone (also Gann static Level) , In both ways Stock is Bullish.
MACD : Bullish
STOCH RSI : OVERBOUGHT (price may form Cup& Handle ...
Long at current Level with price Target 1358- 1364
Trade with Proper Risk Management.
Victory is beyond fear!!
Disclaimer: I am not a SEBI Registered Analyst. Please take position after consulting your advisor.
As per technical Nifty Looks positive.
As per the Weekly chart nifty will go up to 10600 levels.
It failed to retrace on 0.5 level next level is 0.618 which is about 10530.(Fib Retracement)
From this analysis
Nifty Level is 10500 - 10600
Do your analysis before trading/ Investing.
Give u r opinion on these idea....