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IlyasShaikh
Aug 11, 2016 1:58 PM

NIFTY INDEX - Short term long perspective Long

Nifty 50 IndexNSE

Description

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