NIFTY SPOT CHART : Nifty is in tight range between 14700-15000. Three time nifty reversed from the support line. this time also looks like nifty will touch 15000 levels. 14500 may act as a good support zone.
The above chart is plotted on 60 min time frame.
VIEW : BULLISH
UPSIDE POTENTIAL : 15000
DOWNSIDE SUPPORT: 14500
REASON : REVERSAL FROM SUPPORT LINE , RANGE BOUND.
The above chart is plotted on 60 min time frame.
VIEW : BULLISH
UPSIDE POTENTIAL : 15000
DOWNSIDE SUPPORT: 14500
REASON : REVERSAL FROM SUPPORT LINE , RANGE BOUND.
Trade closed: target reached:
WORKED WELL