Trend reversal from 10-FEB continues to be bullish. NIFTY has now recovered most of the losses.
Immediate resistance is in the region 8850-8900 (dotted line in chart). After this, next resistance is at 9000.
On weekly charts, trend is still up with support at 8470-8050 spot.
EOD charts
Weekly charts
Intraday charts: breakout above the boxes was the buy signal... there were 2 buy signals.
Immediate resistance is in the region 8850-8900 (dotted line in chart). After this, next resistance is at 9000.
On weekly charts, trend is still up with support at 8470-8050 spot.
EOD charts
Weekly charts
Intraday charts: breakout above the boxes was the buy signal... there were 2 buy signals.
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