IlyasShaikh

NIFTY INDEX - Short term long perspective

Long
NSE:NIFTY   Nifty 50 Index
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3
Nifty has taken a support once again and started moving on upside direction.

One can take a position at the current level and closing partial position @8668 and getting out completely @8713 with a stoploss @8515.

The below indicator is William_Vix_Fix which is created by my mentor Chris moody. The indicator helps us to gauge the bottom of the ongoing trend.

Comments

Good analysis, You may also call it an expanding triangle.
+1 Reply
Hi Would you please help to provide a link or more info on William_Vix_Fix, thanks
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