Finnifty on make or break level

18 abr 2023Finnifty has formed a strong bullish engulfing pattern and appears poised to breach a trendline resistance. If the current bullish momentum persists, there may be significant short covering, leading to a potential price target of 18930. However, it should be noted that a bearish stance may be warranted should Finnifty fall below 18820, depending on evolving market conditions. It might go sideways as well. I'll suggest to scalp today; watchout before entering have a strict SL.