Expecting bounce back in NIFTY @ CMP 9735
Hopes seen on hourly chart with reversal trend. Correction phase will have to take for some time, but it doesn't mean bullish trend is on the way. We feel still global tension and Indian industrial impact negative trend. FII is still in selling mood. Considering all condition one should take on NIFTY at CMP 9735 with SL of 9690 for Target of 9800
Trade closed: target reached
Book intraday profit around 9770-9775Trade closed: target reached
Positional holder can book partial profit @ 9824Trade closed: target reached
Book full profit @ 9800Note
Be causious, thumb rule is that always book profit and stay awayNote
ultimate target 9972 reached.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.