Nifty has been seen trading in a range of 16800 - 17600, it once broke the demand zone of 16800 and came till 16400 but only for a day and needed a huge gap down of 130 points to do so, so I'll consider 16800 to be a good support and I believe nifty will be coming to the same zone again if it doesn't close above 17600 from where it can go to 18000 levels.
So these are the zones that seems important to me and i'll be making any long positions after 17600 level confirmation.
I have not seen the OI data for nifty these are just the technical levels
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
So these are the zones that seems important to me and i'll be making any long positions after 17600 level confirmation.
I have not seen the OI data for nifty these are just the technical levels
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Trade closed: target reached:
All targets hit.
Godspeed
Godspeed
