Clearing all doubts since last 3 weeks, Nifty has given a clear breakout. It's clearly a bullish from now. Target would be 12246. Stop Loss would 11353.
Reason for caution is that it has still closed near to last high level of 19th August 11460.
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Warning: Please ignore this idea. I have posted the correct idea.
I had made short term resistance line yesterday, tradingview removed it and I didn't notice that. Hense the mistake.