Nifty Bounce Today for a good bull run ??
Today Nifty has taken support of its 50 EMA / SMA on a daily candle and above the 61.8 Fibonacci retracement levels which is considered a golden ratio and a hammer like candle.
Indicating strong bullish momentum, atleast till October 14 or 18 is what i am considering.
we need atleast 2 more daily candles to confirm the movement is on the positive side.
hoping this advice will allow you to plan your trades..
This is only my view and not a trading advice. keep your risk management in place.
Indicating strong bullish momentum, atleast till October 14 or 18 is what i am considering.
we need atleast 2 more daily candles to confirm the movement is on the positive side.
hoping this advice will allow you to plan your trades..
This is only my view and not a trading advice. keep your risk management in place.
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