TradingWithRahul

NIFTY ENERGY bouncing from support

Long
NSE:CNXENERGY   NIFTY ENERGY
Whenever it has bounced from support, the rally shown is really good. Watch out for stocks in nifty energy i.e. Reliance, ONGC , GAIL , BPCL , IOC , etc. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.

Comments

will it move up now? what do you think of entering IOC at cmp for next month?
Reply
@SK_tron yes, it is expected to move up and you can also enter IOC at this point. But don't keep it for long term. It is for short term basis.
+1 Reply
SK_tron TradingWithRahul
@TradingWithRahul, what is the target for sep expiry?
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@SK_tron sorry, but I don't do F&O😅
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SK_tron TradingWithRahul
@TradingWithRahul, no just asking what target do you expect by sep end for ioc?
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SK_tron TradingWithRahul
@TradingWithRahul, oh thanks for your reply , how is gail looking now , could you please have a look?
Reply
@SK_tron it's looking good, bouncing from support. Can buy for first target of 150 and 2nd target of 155.
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