as we are witnessing nifty going high and making all time highs, but it needs to breathe too,
according to the chart, I strongly feel that nifty might take a break from its run and should retrace to its last all time high of 12500
but the view will change 100% and we will have to review the charts again if it closes above 13575 on 11 Dec 2020
- stock is making a pennant formation on daily chart
- RSI is above 50 so stock is in bullish mode
- Trading Volume is high
- if the daily candle closes above the trend line and crosses 1320 Fibonacci Level, buying triggers for 1430 levels.
- if the daily candle closes below the trendline below goes below 1230 then we can...