NIFTY VIEW for 18/10/2019

pravinmangalam Updated   
NSE:NIFTY   Nifty 50 Index

Literally I was not expecting this much move, but I was bullish above 11480 and this worked very well and from this level nifty gave a handsome move till 11598 and I drew trend line at this level only.

@What Next?

After this move buyers has gained the control over sellers and I am expecting this move to continue till 11700 which is a psychological too.
In this market I will utilise buy in dips strategy.

Levels- 11550 if coming on this you can buy
Above 11600 go long

I am expecting gap up opening.
Trade closed: target reached

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.