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subravi

Nifty ..will it test 16700 ?

Nifty 50 Index (NSE:NIFTY)  
subravi Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis
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trendanalysis
Nifty 17339 - As long as Nifty held its close below 17403, we shall expect Nifty to test 16700 as indicator is diverged.
Comment:
Nifty 17547 - 17550 PE @ 336 at 14:17
Comment:
17725 - 17747 expected to act as good resistance
Comment:
Nifty 17641 - as expected 17747 worked as a good resistance and Nifty has dropped to 17642.
Entered Trade 17750 PE at 299 @ 10:00 Nifty 17717 and closed at 340 @ 12:02 Nifty 17644
Comment:
Below Trade entered
Entered Feb 17650 PE 291 @ 12:10 Sold Feb 3rd 17700 PE @ 74 @ 12:11 at Nifty @17642
Comment:
Nifty 17677 - 17709 to 17693 expected to act as resistance zone
Comment:
Feb 3rd 17700 PE @ 74 @ 12:11 closed @105 at 14:00
Comment:
Feb 17650 PE 291 @ 12:10 closed at 365 @ 15:25
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