Indice NIFTY 50

#NIFTY positional view:-

1488
#NIFTY positional view:-

NIFTY is in an uptrend and price is moving in an uptrend channel, we are trading at the higher side of the channel & we have to be cautious.

Wait for the price to come down to a lower level of channel for fresh entry, don't get trapped in the FOMO effect at upside breakout.

The trend is up, buy in dips should be the strategy.

Regards,
SG

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