Nifty 50 IndexLong
21 May 2024 - Nifty did not close above 22519
Stance is still bullish, but the steam is just not there.
Thought we would close above 22519 and pave the way for further bullishness. The first 4 candles were in green today, infact the 12.24 candle closed almost above the 22519 resistance level, but we were unable to hold the ground.
For 22nd, we continue to be bullish, but a bit watchful. If we are not breaching the resistance today, will change the stance back to neutral.
Thought we would close above 22519 and pave the way for further bullishness. The first 4 candles were in green today, infact the 12.24 candle closed almost above the 22519 resistance level, but we were unable to hold the ground.
For 22nd, we continue to be bullish, but a bit watchful. If we are not breaching the resistance today, will change the stance back to neutral.
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