ANALYSIS ON HOURLY CHARTS OF NIFTY ...

Updated
FRIENDS , IT SHOULD BE NOTED THAT NIFTY IS CURRENTLY FORMING A SYMMETRICAL TRIANGULAR PATTERN ... NIFTY IS ON THE VERGE OF BREAK-OUT ... HERE , RSI IS SHOWING A POSITIVE DIVERGENCE . SO , EXPECT SOME UPSIDE FROM HERE BUT EAGERLY WAIT FOR THE BREAK-OUT AND THEN TAKE YOUR TRADE ...
(1)IF NIFTY BREAKS OUT THE UPPER TREND , TARGET WILL BE OF 10,150 ...
(2)IF NIFTY BREAKS DOWN THE LOWER TREND , TARGET WILL BE OF 9,680 ...
SO , BE ALERT AND TAKE THE TRADE AFTER A BREAK-OUT ... BE HAPPY ... GOOD LUCK IN SHARE MARKETS !!!
Trade active
LONG NIFTY AFTER GIVING A BREAK-OUT ABOVE 9960 ...
Note
CORRECTION : RSI IS SHOWING POSITIVE DEVIATION NOT DIVERGENCE ...
Trade active
EXPECTING POSITIVE OPENING ... WILL BREAK-OUT 9960 TO ACHIEVE 10,150 ... NEW HIGHS !!!
Note
BREAK-OUT ... BULLS ARE IN FORM ... BUY 10,150 CALL AT 34.25 Rs.FOR TARGET OF 80 Rs. TILL EXPIRY ...
Note
Moving As Expected ...
Note
10,150 CE at 42 Rs. Now ... Recommended at 34 Rs. ...
Note
THOSE WHO BOUGHT 10,150 CE ... ENJOY THE MEGA RALLY ...
Trade active
10,150 CE AT 64 NOW ... RECOMMENDED AT 34 ... ENJOY THE MEGA RALLY ...
Trade closed: target reached
Target was Reached almost ...
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