In 1 hour chart Nifty price continues to trade at 11068 and above the (Exponential Moving Average)EMA200 value of 11059.9 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Buy overview conditioned by the price stability above
However, if Nifty continues to trade above level, that could be an extraordinarily Bullish sign for Nifty
Even so, the 200-candle Exponential moving average (EMA) price range of 11059.9 is proving a tough nut to crack.
Pivot (invalidation): 10999.1