Nifty 50 IndexUpdated Nifty Monthly trendline breakout, target 10000
Nifty has broke out above 9400 which was trend line resistance from 2008 long term monthly bottom trend line of the channel. Targets 9950-10000 in a week or so.
Stop loss for this breakout can be in the range 9280-9380
Stop loss for this breakout can be in the range 9280-9380
Note
Nifty closed at 9859 today. updated SL 9700
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.