Nifty Positional View

Updated
Nifty looks sideways.

A comfortable closing Above 15960 or Below 15450 will give atleast 500 points move either side

Presently FIIs are net sellers, unless they turn net buyers Nifty will struggle at resistance of 15960.


Trade active
NIFTY Breaks and Closes above Important Psychological Resistance of 16000.

Followed by slight retracements and consolidations near 16000 levels NIFTY might head towards 16400.
Note
FII TURNED NET BUYERS AND NIFTY BREAKS 16000
Trade closed: target reached
NIFTY POSITIONAL TARGET DONE ON LONG SIDE
FIINIFTYnifty50niftytrendTrend Analysis

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