As per the chart pattern analysis till now nifty is above 50 MA indication of bullish market.
there is important level of 17400 that nifty should beat and start trading above that in next session until then there no clear idea of movement of in breakout direction .
NIFTY
there is important level of 17400 that nifty should beat and start trading above that in next session until then there no clear idea of movement of in breakout direction .
NIFTY註釋
As Nifty crossed 17400 level there was a Bullish candle formed with a long wick that showed continuation of the uptrend on the starting 15min candle formed.This time other candle formed Hammer pattern that confirmed Bullish trend.
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