NSE:NIFTY1! we are seeing a hammer candle after a DRC breakout and plus bullish engulfing after that.
It's a clear sign that bulls are there. Everything else is noise just to throw out the retail.
The only point one can be pure bearish is after we give weekly closing below hammer low.
This stock is showing good power and strength to go more upside, once price closes above 1497 plus levels, then it can show more strength to go further up side,
Bullish crossover in weekly macd can put the bulls in a dominant position. on daily chart swing low of 1411 will be a crucial support to watch out for on the way down. One can go long at current levels or...