rakeshreddym

Nifty Expiry Support&Resistance levels

rakeshreddym Updated   
NSE:NIFTY   Nifty 50 Index
Nifty is rising with no signs of retracing every small dips being bought out but carefull on higher side going long as it is in uncharted land a reverse can trigger end of month profit booking may happen.

support are 23820,23750 area
Resistance are 23900

dip to support areas wait for positive price aciton then can long and breakout of resistance long and trail use atr if need for safe side .Only below 23650 think of proper shorting until then buy on dips.

Trade active:
23820 area support entry long as mentioned in idea
Trade closed: target reached:
Target acheived to resistance area 66 points
Comment:
23900 resistance got voilated above
Comment:
24000 area rejected
.
Comment:
Trade closed manually:
All targets acheived as per idea buy on dips target done

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