This is a super strong chart when compared in $NIFTY 50 since last peak. Price has taken support on Kumo cloud and bounce back up and continue the trend higher. The AD line has fantastically moved upward without major change in the price, this means price is ready for a BO upwards.
The target is open and can reach great heights.
Happy Trading / Investing
Regards
Shamoil
The target is open and can reach great heights.
Happy Trading / Investing
Regards
Shamoil
Trade closed: stop reached
Strong reversal seen
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.