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!
