vanathi

Mighty Nifty is still strong!

Long
vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
11
In my previous post "Mighty Nifty is bullish", I have given the target 8590 and it was reached yesterday. For three consecutive days nifty is bullish . Sentiment is bullish and all segments are strong. My next target is 8660 and 8700. Next week I expect nifty to trend upwards but with sideway movement in between.
Trade active:
From 8590
Comment:
Target one 8660 reached!
Comment:
Booked partial profit at 8660 when price reached there second time. Price moving sideways showing weakness.
Comment:
Going towards my 2nd target. Bank nifty will support Nifty now!
Trade closed manually:
@8650 on 1/30/17 as bank nifty shows weakness. From 8590 to 8650, Nifty gave a good trade. Thank you Mighty Nifty!

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Detailed daily index analysis in https://in.tradingview.com/u/vanathi/

Script analysis from Jan 1, 2023 in https://in.tradingview.com/u/vanathi/
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