Saptagirinivasa

Nifty Decent Bounce Expected - Intraday

Long
NSE:NIFTY   Nifty 50 Index

Expected up move after 3 or 3:15 pm. There is undercurrent. Wait for smart money to enter

support at 17705 spot
Comment:
Bull entry above 17727 on 1 min TF, strict SL 17725 ITSELF
Comment:
Nifty spot. Otherwise no entry
Comment:
Nifty took support exactly near 17705 spot and touched 17725 as mentioned. However it was in a no trade zone, RR was poor. Anything above 17725 candle close would have been a decent entry with SL as 17725.
Comment:
As mentioned there was an undercurrent. Check how beautifully it took support at deep blue trendline line and bounced. Check my messages and load the bars ob the chart
Comment:
Keep focus on 7725 now

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