NSE:NIFTY Nifty 50 Index
With the price action seen in Nifty today there is a high probability that 10800 which is 25 DEMA will be scaled in the days to come. On a dip with a SL of the swing low of present move one may go long on a dip for levels of 10800 and above.
Trade closed: target reached:
Target achieved. Position closed. Nifty scales its 25 DEMA.