madhusudhan_arjun

NIFTY moving towards 8800 to 9000 levels

Short
NSE:NIFTY   Nifty 50 Index
NIFTY may see some temporary recovery around 9000 levels. If it holds 8800 to 9000 zone it will act as a strong support if not it will try to correct further to 6970. Long term investors can plan to accumulate more once NIFTY settles. As of now doesn't seem to settle around 9000 level.

Trade closed: target reached
Trade active: The levels mentioned above are broken down. Next expected support 6970 as mentioned.
Comment: maybe after a sharp pull back
Comment: Expecting NIFTY to settle around 6800