Nifty on weekly chart -
If it manages to stay above 10940 and MACD crossover zero, then NS may target 11500+. 10525 is support for further up move.
On daily chart 5/62 EMA crossover has already happened and MACD is above zero.If 5EMA manage to stay above 62, further upmove possible. Above 10940 price will cross upper bollinger band.
On hourly chart, 10770-10820 is the range. Moving above/below it will start new direction(intraday).
If it manages to stay above 10940 and MACD crossover zero, then NS may target 11500+. 10525 is support for further up move.
On daily chart 5/62 EMA crossover has already happened and MACD is above zero.If 5EMA manage to stay above 62, further upmove possible. Above 10940 price will cross upper bollinger band.
On hourly chart, 10770-10820 is the range. Moving above/below it will start new direction(intraday).
