Indeks Nifty 50
Panjang

NIFTY 50 ( POTENTIAL TO BREAK ITS ALL TIME HIGH)

227
WTF as we can see DTF structure bullish and price makes HH & HL pattern and now price in DAILY demand zone with RSI bullish divergence ...
LTF say 1H mitigation in DTF demand zone with RSI bullish divergence and bollinger band lower band support.
on DAILY TF RSI N BOLLINGER BAND also support the IDEA...
counter trendline on 1HR chart may react as a resistance once it broke it will b rocket...

price may face resistance at 25450-25500 as 1Hr supply zone, 25640-25740 DAILY TF supply zone.... one can take entry in NIFTY ETF, NIFTY FUTURE, NIFTY COVERED CALL , in which risk suits you...
so plan your trade accordingly...

Who's gonna trade with me for this trade IDEA let me know.....
Nota
stop loss level reached but not closing.....
so avoid leverage trading for nifty
& try to accumulate in next support...

Penafian

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