daily chart
Nifty ia trading in the triangle and is about to open gap up above 5900 as per SGX nifty. If sustains above 5900 then it will be considered a breakout form the triangle which may lead to a short covering rally taking nifty beyond 6000. Rupee falling below psychological level of 60 is a positive sign and may help nifty go further. (So trade with trend but with right EXIT STRATEGY that is STOP LOSS and TARGET)
Nifty ia trading in the triangle and is about to open gap up above 5900 as per SGX nifty. If sustains above 5900 then it will be considered a breakout form the triangle which may lead to a short covering rally taking nifty beyond 6000. Rupee falling below psychological level of 60 is a positive sign and may help nifty go further. (So trade with trend but with right EXIT STRATEGY that is STOP LOSS and TARGET)
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