Nifty 50 - Bulls ready to rallyNifty has reached a fresh all time high.
If it manages to stay above 15915 tomorrow (16/07/2021). We can buckle up to "Ride the tide"
Let us hope for the best.
Happy Trading :)
Niftybull
NIFTY Setting up for a BULL RunNifty is showing support @ previous Highs as mentioned in the charts.
This looks to be a potential reversal zone.
RSI rising >50 is a good sign. StochRSI is looking to be making a crossover.
This is the earliest signs of reversal, (ultimate confirmation is yet to happen) from the bottom so please keep your positions light. Will update when position sizes can be increased.
SL is marked with the red line ie: 11065
Points of resistence are the green horizontal lines.
This is the daily chart. Give it some time to act.
Date: 9th october 2018
CMP: 11232.
Managing your risk is your own task and I cannot help you with that.
Trade safe and sound
