NIFTY OUTLOOK
Some part of NIFTY's bullish journey might still be remaining!!
Nifty exiting the 10-year-old channel and 14-Day RSI now confirming the break shows all signs of bullishness and none for the bears
We can stay long on NIFTY as long as there are no major reversal signs in price action or indicators like RSI
I can be wrong .....but the top for the market is yet to come and we can find NIFTY @ 17366 in August or by mid-September
THIS IS A MEDIUM TO LONG TERM VIEW and short term trades should be taken after confirmation with price action and indicators on the respective daily and weekly charts.
*****THIS IS NOT A INVESTMENT RECOMMENDATION (Just my views). Please consult your investment advisors before making an invt decision.******
Nifty exiting the 10-year-old channel and 14-Day RSI now confirming the break shows all signs of bullishness and none for the bears
We can stay long on NIFTY as long as there are no major reversal signs in price action or indicators like RSI
I can be wrong .....but the top for the market is yet to come and we can find NIFTY @ 17366 in August or by mid-September
THIS IS A MEDIUM TO LONG TERM VIEW and short term trades should be taken after confirmation with price action and indicators on the respective daily and weekly charts.
*****THIS IS NOT A INVESTMENT RECOMMENDATION (Just my views). Please consult your investment advisors before making an invt decision.******
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