Low of the diamond coincides with Nifty new support zone around 10900. Took support from here and now in uptrend. Diamond's upper resistance line has been broken yesterday suggesting a possible NIFTY breakout.
Breakout candle length isn't upto the mark but can be considered in view of a bullish nifty due to positive news surrounding covid vaccines.
This week Nifty Target would be around 11400-11450.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.