NIFTY giving signal of conscious Upside.
As Analysed Multiple Times since Last Week. NIFTY Trend Change Level was at 9330 on Spot. Yesterday it Broke this Level and the Price Cycle is now turned positive. Still Today would be an Intresting Trading Session due to Monthly Expiry.
As I Mentioned above It is Signaling a Conscious upside. It means a Zig-Zag upmove because of an Incomplete Previous Cycle due to Rangebound movement. But keeping all this in mind the Trend as of now is Positive
As far as Levels are concerned Major support lies between 9080 to 9180 zone note SL of my Long Trade as of now is at 9180 on Spot. As long as this holds NIFTY would test 9450 and 9581 on Spot in Coming Days.
Disclaimer views expressed in this Article are based on my Research on Gann Theory and the Natural Laws. Do understand the risk involved in Trading before taking any trades.
