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simpleincomeai

Nifty Analysis - 19th May

Long
GIFT NIFTY 50 INDEX FUTURES (NSEIX:NIFTY1!)  
simpleincomeai  
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Trend Analysis Chart Patterns Technical Indicators NIFTY
3
0
trendanalysis chartpattern indicator nifty
We can see the positive side for a while, there is a short term pull up based on 1hr chart of Nifty.

Possible Position

Nifty Opens at - 9110 - 91130 ane extends gains to 9220
Nifty Opens at - 9110 but is unable to take the buying pressure which makes it again go back to 9000 Level.

Personally, its a bounce, hope you can trade well.
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