vanathi

Mighty Nifty is still strong!

Long
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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