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Nifty 50 Index
Long
Apr 19, 2020
Nifty - 9388 and 9431 can be seen tomorrow.
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Nifty closed with good strength on Friday, levels of 9388 and 9431 can be seen on Monday.
As you know, it is still a bear market rally, that may fizzle out without any warning. Follow trailing stop losses is a advisable.
Nifty Futures Open interest does not indicate any positional buildup, while option chain is showing upward bias.
9050 should be used at trading stop loss, and 8820 as positional stop loss.
ipuneet
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Chart Patterns
NIFTY
nifty50
Trend Analysis
ipuneet
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