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nifty

Long
Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Trend Analysis
11
7
trendanalysis
Price Action study puts Resistance at 10480 and Support at 10350.
RSI showing slight weakness. If RSI in Hourly charts starts closing above 68.6, we shall not stop at 10480 bt shoot upto 10650.
any fall should be used to go long with 10355 sl for target of 10620
Comment: 10500 has highest oi buildup. can show some selling preassure - but again use it as an buying oppurtunity for 10650 levels
Comment:
snapshot
Comment:
snapshot
dip should be used to buy
Comment: like said dip should be used to buy we got a very good dip in morning
target intact 10600
Comment: We may see a big move in a day or two towards 10650+levels
Trade closed manually: Negative diversion on RSI hence closing trade manually.
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