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NileshChavan
Jul 10, 2019 3:11 AM

Nifty Small Pullback is possible Long

Nifty 50 IndexNSE

Description

Nifty (Spot) Buy Near 11540 Stoploss 10490 Target 11640- 11700
Reasons for Trade- 1.Nifty has formed bullish candlstik pattern on daily chart
2. Excess buying is done near to 4 hour trendline 4th time
3. Price has closed above the 4 hr as well as channel trendline support.
4.Small Pullback is expected after 3 days fall
5. Risk Reward is 1:2

Trade active

Comment

40 points gain till now...move stoploss to cost

Trade closed: target reached

Exited at cost....cost stop loss triggered
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