Nifty view
Updated
Nifty
Cmp 10176
Observation
- in the short term on a 15 min chart Nifty is in up trend channel
- Nifty has channel support around 10135.
For Long trade
Target 10320
Stop loss below 10130
- Break below 10135 can take Nifty down towards 10030 - 9966 zone
For Short trade
Aggressive traders may look to sell at current levels with Stop loss at 10225
or
Sell below 10130
Target 10030-9966
Stop loss 10182
Take care & safe trading...!!!
Cmp 10176
Observation
- in the short term on a 15 min chart Nifty is in up trend channel
- Nifty has channel support around 10135.
For Long trade
Target 10320
Stop loss below 10130
- Break below 10135 can take Nifty down towards 10030 - 9966 zone
For Short trade
Aggressive traders may look to sell at current levels with Stop loss at 10225
or
Sell below 10130
Target 10030-9966
Stop loss 10182
Take care & safe trading...!!!
Note
Yesterday it was mentioned that Nifty has channel support near 10135. Well Nifty took support exactly at lower end of Channel & has bounced back...Now Nifty is Currently at important resistance levels.
this is how Nifty chart is looking like on a 15 min time frame
Take care & safe trading...
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