vanathi

Mighty Nifty - March 18

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
After fall, price is consolidating in the form of descending triangle pattern. If price did not give break out, then chances are there to move within the range 21900 to 22100.
Pattern : Triangle.
Range : Medium.
Trend strength : Normal.
Buy Above : 22020.
Stop Loss : 21980.
Targets : 22060, 22100 and 22140.

Sell below : 21920.
Stop Loss : 21960.
Targets : 21880, 21840 and 21800.

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Comment:
Bullish zone. Have to gain strength.
Comment:
Still at support zone.
Trade active:
Long.
Comment:
T1 done.

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