As shown in the chart Nifty today restested the strength of support 15219 after yesterday's breakout of this level.
Support looks healthy and Nifty was able to close above it.
Hence our upper targets will stay active till Nifty is above the 15219. But do not be supper bullish as Nifty trending above channel upper line.
Place bets wisely. Any closure below it will activate the correction phase of Nifty which was told in my previous post.
Stay awake and Stay cautious.
Note: Views only for educational purpose. Consult your financial advisor for any trade.
Support looks healthy and Nifty was able to close above it.
Hence our upper targets will stay active till Nifty is above the 15219. But do not be supper bullish as Nifty trending above channel upper line.
Place bets wisely. Any closure below it will activate the correction phase of Nifty which was told in my previous post.
Stay awake and Stay cautious.
Note: Views only for educational purpose. Consult your financial advisor for any trade.
