Nifty broke the resistance of 12000 mark and made a new high of 12280.
As informed in my previous post Nifty above 11750 is no more good for correction and as said Nifty made a low of 11750 on 4th Nov before surpassing a 12200.
Now it continuously gave 4 green candles on daily chart and hence don't be surprised if you see a minor pullback till the support line in next few days for further uptrend.
Stay cautious as their is lot of volatility currently in global market due to US elections.
Play safe & Happy trade.
Note: Views only for educational purpose. Consult your financial advisor for any trade.
As informed in my previous post Nifty above 11750 is no more good for correction and as said Nifty made a low of 11750 on 4th Nov before surpassing a 12200.
Now it continuously gave 4 green candles on daily chart and hence don't be surprised if you see a minor pullback till the support line in next few days for further uptrend.
Stay cautious as their is lot of volatility currently in global market due to US elections.
Play safe & Happy trade.
Note: Views only for educational purpose. Consult your financial advisor for any trade.
