NIFTY50 is looking Bullish.
🤑 Nifty is likely to be Bullish till it's above 18270.
❓ Reason: Because Nifty is above the Trailing SL of ATM Machine Indicator on Hourly Chart.
🚧 Upside Hurdles: 18410, 1851, 18790,
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🟢 Positional Trend is Positive.
👺 Long Term Trend is Trapping the Bulls.
📢 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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