MAY NIFTY REACH UPTO 20600? yes it will

Updated
A rounding bottom pattern gets activated if we can get a daily close above 20000 in NIFTY .

Initiate the long trade as per the levels mentioned on the chart

Stop loss will be on a weekly closing basis.


Trend Analysis :- UP Trend
Chart Pattern :- Bullish rounding bottom Chart Pattern
Technical Indicator :- Positive MACD Crossover
Trade active
Breakout not done yet
Trade active
We got our 1st close above 20000 but i will look for todays close also for more clarity
Trade closed: stop reached
Stop Loss reached
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