Inverted Head and Shoulders BO Good upside expected in short term
Long term investment Rounding bottom monthly timeframe. Daily making flag n pole Buy every dip
Nifty has taken support from long term trend line Also hammers indicate positive bias If upper resistance 14980 breaks then buy every dip and 14450 is a good support if breaks sell every bounce
7th April's rejection candle is showing strong support, if breaks then view is Sell every bounce Else it will be really interesting to wait for an upside move if it breaks today's high. Trend is still side ways.
No trading zone between yellow line zone If breaks up or down, targets as per green resistances n support lines
A-B-C breakout Probably, Nifty entering 3rd wave