TradingView
NeeteshJain
Aug 9, 2017 8:35 AM

NIFTY REACHED STRONG SUPPORT ZONE - KNOCKING BUYERS AGAIN Long

Nifty 50 IndexNSE

Description

It is been observed on the hourly and daily chart that the price action reached to the support zone of 9910-9920 which is indicating buyers coming back and shall bounce back from the current support zone.

Once the support zone is intact and we don't see a close below it then it is indicating that buyers in control and shall pick up the markets again.

Target 1 - 9960

Target 2- 10000

Stoploss - 9890

Trade active

Trade closed: target reached

Target 1 reached successfully.
Comments
rteppala
Great work Neetesh
majidmrukadikar
Your good work is helping me a lot.
More