(KISS) -> Keep it simple stupid !
Nifty was in a bullish movement and consolidated in the range of 18604.45
and 15183.40. Then an impulsive move started from 15183.40 to 17838.90
and Nifty got resistance from the above trendline. Then nifty broken it through
breakaway gap. That Gap is being filled and retesting the support of the buyers
at the trendline. If retest find support it will further resume its primary trend.
That's it. Watch for 17750.
and 15183.40. Then an impulsive move started from 15183.40 to 17838.90
and Nifty got resistance from the above trendline. Then nifty broken it through
breakaway gap. That Gap is being filled and retesting the support of the buyers
at the trendline. If retest find support it will further resume its primary trend.
That's it. Watch for 17750.
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