vanathi

Mighty Nifty - May 16

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Price was unable to sustain above 22300 zone and consolidated in the afternoon session. And the support zone is having a very big range.
Pattern : Support/resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22200.
Stop Loss : 22160.
Targets : 22240, 22280, 22320 and 22360.

Sell below : 22120.
Stop Loss : 22160.
Targets : 22080, 22040 and 22000.

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Comment:
Gap up opening, now nearing the buy zone.
Trade active:
Short.
Comment:
T1 done.
Trade closed: target reached:
Support zone supported.

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