NIFTY closes above 20 dma
after my last post nifty had violated the trend line
below which I had suggested if closes below the the trend line selling may be initiated.
Nifty had violated the trend line nifty had even dipped below 11900.
today has crossed above the support 1 and has closed above 20 dma.
it is positive for nifty.
next target may be the previously mentioned trend line.
which is now above the resistance line.
below which I had suggested if closes below the the trend line selling may be initiated.
Nifty had violated the trend line nifty had even dipped below 11900.
today has crossed above the support 1 and has closed above 20 dma.
it is positive for nifty.
next target may be the previously mentioned trend line.
which is now above the resistance line.
Note
do n't forget to like my post.follow me to get such updates
Note
here positive stochastic has dipped below over sold.hence it is also supporting buying.
Note
stop loss should below support 1
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.