Nifty 50 Index
Long

Nifty is looking Bullish

203
Nifty is likely to be Bullish till it's above 16850.
โ“ Reason: Because Nifty is below the ATM Machine no trade zone on hourly chart, without opening Bears Locker. So price has to come back.
๐Ÿšง Upside Hurdles: 17080, 17240, 17340.

๐ŸŒˆ Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
๐ŸŸข Positional Trend is Positive.
๐ŸŸข Long Term Trend is Positive.

๐Ÿ“ข Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels.

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