PA can provide an Opportunity to long in Nifty at mentioned area for mentioned targets Keep the SL small by entering in Lower time frames based on your own style in the mentioned area. There is possibility that the price can drift even lower to 12950/930 levels and so keep your SL small.
Also see my other charts on Nifty posted since last week. Connect the dots
Also see my other charts on Nifty posted since last week. Connect the dots
Comment:
Kindly book partial profits to prevent any loss from here on. Hold for targets or book for every 50 point move.
Comment:
Kindly book more profits as price is near target 1. Before target 2 is hit we may have a dip.
Comment:
Target 1 done. Wait for target 2 but reduce positions and keep it to the minimum
Comment:
Target 2 done. DO not buy again. Wait for clear signals
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Nifty Long
bountyhunter21
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