Nifty - Good News May be delivered in Couple of Weeks

Most Bullish Signals are aligning for Nifty. Stay long with SL below 14900.

If world markets don't show any negative deterioration, Indian market can surprise us on upside.

Trade active:

So far so good. Nifty moving in our favor!

Trade active:

Stop loss update

Soft stop @ 15270
Hard stop @ 15160

Trade active:

Hold Long Positions, Moving Stop Loss to 15380

Trade active:

Looking at option chain data for next week expiry, 15500 may act as support for Nifty.