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Nifty 50 Index
Long

Mighty Nifty - Budget rally is still on!

By vanathi
Mod
Updated
Nifty is showing its power from afternoon today. I posted "Mighty Nifty - Budget day special 2" as an example of bullish flag breakout. The rally continues. Nifty is buy with stoploss 8670 with targets 8740, 8765 and 8800.
Trade active
8715 on 2/2/17
Trade closed manually
@ 8710 as bn not supporting nifty.
Note
Why this analysis failed? RSI shows bearish divergence. snapshot
vanathi
Mod
Role I play here : Moderator.
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