Hi All,
Nifty did not cross the mentioned level of
7450, and we are still out of the markets.
However, It took support near 7400 levels
as expected, and have given 2 +ve signs for the bulls to cheer, a falling wedge
breakout on 15 minutes chart and a Candle RSI Divergence on hourly charts.
As a last chance for bulls, risky traders
can buy Nifty near 7420-7225 with a small SL below 7400-7380 with targets
intact near 7510-7550-7600....
Cheers
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