Nifty 50 IndexLong
Very strong support on Nifty
*Study of spot levels
The entire world seems to be losing strength. The markets are rising but the speed and strength and this may indicate some correction.
Now, even if there is a correction, Nifty has found a very strong support at 14725. That is a good 400 points from where we stand right now.
This gives us an idea of the maximum risk that bulls are looking at in this level which is not too much in regards with what profits can be. There is no resistance level to count for so yes, sky is the limit.
I am more of a bullish individual so for me, every dip is a buying opportunity!
The entire world seems to be losing strength. The markets are rising but the speed and strength and this may indicate some correction.
Now, even if there is a correction, Nifty has found a very strong support at 14725. That is a good 400 points from where we stand right now.
This gives us an idea of the maximum risk that bulls are looking at in this level which is not too much in regards with what profits can be. There is no resistance level to count for so yes, sky is the limit.
I am more of a bullish individual so for me, every dip is a buying opportunity!
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