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GlobalInvestFutures

NIFTY In a BULLISH Trend, Price Near 12 000 Round Number Level

Nifty 50 Index (NSE:NIFTY)  
GlobalInvestFutures  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators Stocks stocktrading stocksignals stockmarketanalysis NIFTY nifty50 niftyanalysis niftytrend
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trendanalysis chartpattern indicator stocks stocktrading stocksignals stockmarketanalysis nifty nifty50 niftyanalysis niftytrend
It is obvious that NIFTY 50 is in a bullish strong trend, difficult to go down. No place to short!
I will personally DO NOTHING until I observe what's going to happen at the 12 000 level.
-If this level is broken up, the market will reach the precedent resistance (red inclined line), and continue the trend.
-If the market bumps into 12 000 and go down, it will form a kind of a trading range, and the 12 000 will be a resistance for the NIFTY 50.
Let's see what's going to happen at this level
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