In hourly chart nifty was moving down in a channel.....today it gave a breakout from that channel along with a positive divergence on RSI ,so one can go long and channel breakout target comes at 4860.
In this environment, depending on hourly chart is not correct. Please see my same view but different approach in www.facebook.com/Niftysparks. Also, see my propreitary trade indicator
In this environment, depending on hourly chart is not correct. Please see my same view but different approach in www.facebook.com/Niftysparks. Also, see my propreitary trade indicator
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