Nifty Long at 9100 | Stop-loss 9000 | Target 9600
Risk Reward 1:5
Nifty moving up slowly and on the daily chart, it's making series higher highs and lower lows.
The Primary and Intermediate trend is still down.
Trading this counter-trend rally with very tight stop-loss.
If bitcoin has to break upwards towards the 9,500 $ mark, it should happen within the next 8 working days....
If these current levels breaks downwards, then it will take support at 5765 $. Very crucial level.