getsetrade

Nifty View - Buy on dips

Long
getsetrade Updated   
NSE:NIFTY   Nifty 50 Index
5
Nifty 50 after a sideways consolidation has given a breakout in the hourly chart yesterday. Its primary trend has been up, forming a series of higher highs and higher lows. Any dip would be a buying opportunity.

Buy in case it corrects to its nearest support SL 9369. CMP 9430
Comment:
it touched 9377. 9377- 9387 is a good buying opportunity.
Comment:
Nifty moved as expected. Took support and took off from there. Its good to book part profits and bring sl to cost.
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