Nifty 50 IndexLong
Nifty | Intraday | BTST | Long
Nifty is showing some Bullish momentum thanks to FMCG scripts. I'm not expecting much momentum on the Long side.
For now I have taken a long view for Target till 24,300 level only.
Notice how the price has formed a Bullish pin bar on the hourly charts and started to trade above the Daily Pivots. This is a sign of Bullishness.
Resistance would be the Hourly 200 period MA.
For now I have taken a long view for Target till 24,300 level only.
Notice how the price has formed a Bullish pin bar on the hourly charts and started to trade above the Daily Pivots. This is a sign of Bullishness.
Resistance would be the Hourly 200 period MA.
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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.