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MohammedJunaid
Feb 26, 2018 9:15 AM

NIFTY: Heading 10720?! Long

Nifty 50 IndexNSE

Description

NIFTY Just crossed Ichimoku cloud with supporting RSI and likely to close above it. Which has also confirmed NIFTY crossing EMA20 on Daily charts qualifying a BUY with Target of 10720.

Could this be a re-start of previous bull-run? Yet to be answered. however, Long trade is setup on NIFTY for now.

Comment

Keep a Stop-loss of 10470 on closing basis for this trade.
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