Today nifty has gained 37 rupees after hitting the major support trendline. Nifty & nifty stocks will fluctuate tomorrow. If it stays above the trendline, it will start flying upward from the beginning of the next week. This journey ends at a new high!
Therefore, the day traders can buy for the following levels: 12000 - 12260 - 12400+
Technically, its trend is weak. So, if it breaks the major support trendline, then you can sell.
Here my targets are: 11300 - 11060 - 10552 - 9972
Please recognize tail, excess, or fakeout before entering a downtrend.
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