#NIFTY positional view:-
#NIFTY positional view:-
NIFTY is in an uptrend and price is moving in an uptrend channel, we are trading at the higher side of the channel & we have to be cautious.
Wait for the price to come down to a lower level of channel for fresh entry, don't get trapped in the FOMO effect at upside breakout.
The trend is up, buy in dips should be the strategy.
Regards,
SG
NIFTY is in an uptrend and price is moving in an uptrend channel, we are trading at the higher side of the channel & we have to be cautious.
Wait for the price to come down to a lower level of channel for fresh entry, don't get trapped in the FOMO effect at upside breakout.
The trend is up, buy in dips should be the strategy.
Regards,
SG
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