As observed on the weekly chart of Nifty 50 bulls have nothing to worry as of now as the uptrend is intact. The previous swing low (10637+) is is intact and its still trading above 200 Wk SMA (which is currently at 10290) Nifty is currently at 61.8% retracement level from the March 2018 low to Jan 2020 high (all time high) Bulls who are going long now without...
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Trading Strategy 09:32 Hrs / 30th Jan 2020 Last Price - 12083 Plan A – Short Term Plan: ------ This Plan is Active Holding 12070-12080 –Traders can look for 12150-12170 & above 12170 look for 12225 / 12250 + ----- No Buy Trades if goes below 12070 Making of Wedge ( Note - Pattern invalidates if 12025 is breached on downside before pushing...