Nifty started it's journey to 8400

Oct 19, 2016

Nifty reacted today beautifully from Daily Supply Zone that coincides with resistance at 8700 and top of the trend line. It could travel back with a gap up opening or another sideways consolidation day, before honoring the trend towards reaching 8400 odd levels. Thoughts?

Oct 20, 2016

Trade active

first target around 8560 - watch price action at the purple line and trade as per your plan. Don't give back profits if this works. Right now this trade still looks good.

Oct 21, 2016

Note

Time to trail your stop loss as per your plan.

Oct 27, 2016

Note

Nifty is reaching the second target. Time to book partials.

Nov 4, 2016

Trade closed: target reached

Nifty reached our ultimate target. Hope you booked profits or trailed your stop losses accordingly. This trade is now closed :)