Mighty Nifty - Analysis for Dec 13

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Yesterday we had a range bound market. Today we will get the break out? Buy above 18560 with the stop loss of 18530 for the targets 18590, 18620 and 18660. Bearish below 18520 with the stop loss of 18550 for the targets 18490, 18450 and 18420.
Price is taking support. Should sustain above 18520 - 18530 to be bullish.
Nice trade set upfor one side move. High : 18617 Low : 18490.

Roles I play here : Author, Analyst & Moderator.

Free Telegram Channel.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.