AlphaGainers9

Nifty Positional View

NSE:NIFTY   Nifty 50 Index
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.
Comment:
FII TURNED NET BUYERS AND NIFTY BREAKS 16000
Trade closed: target reached:
NIFTY POSITIONAL TARGET DONE ON LONG SIDE

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