Nifty 50 Index
Long

Nifty: Medium term Buy Opportunity. 12,500 eyed.

174
Nifty is coming off a strong rebound just above the 1D MA200. 1D is on excellent bullish levels (RSI = 62.784, MACD = 111.840, Highs/Lows = 244.5718) having just crossed into new All Time Highs. With the Golden Cross taking place on March 15, we have a strong medium term buy signal towards 12,500.





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