Nifty has take support at 9080. Can go long above 9080 with the targets 9130, 9150 and 9160. Resistance will be there at 9130 level. Use trail stop to protect your profit. Nifty is bearish below 9080 and that is the stoploss.
From 9116 to 9130 first target reached!
Target 2 reached on 3/29/17
Trade closed: target reached:
on 3/30/17. Thank you Mighty Nifty!
THE nifty ended at 9100. In the daily chart, the sz starts at 9104 till 9133. Unless this band is taken out, it would be difficult for NIFTY to go beyond. With settlement for tomo, it may bedifficult to go beyond 9133 in this series. However concur with your views that the long term view is bullish. Monday ended with a hammer and yesterday a doji candle has formed with a bullish stance.