Índice Nifty 50
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Nifty - Expiry Ending 06th April 2023

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Following same previous downtrend channel, Nifty managed to close above channel midpoint. I will go long on retracement and carry the same long position for next week if Nifty does not break support / if target is not achieved. Again, I will take no more than 20-30 point SL and will avoid taking trade if Nifty behaves otherwise. Thank you!
Trade fechado: objetivo atingido
Closing the trade as it is trading near resistance and tomorrow is holiday. I will post next week analysis by Sunday. Thank you!

PS: (Please don't take reversal trade, closing long does not mean going short!)
Chart PatternsNIFTYnifty50Trend Analysis

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