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Nifty50 is coming out strong: mid-day analysis. 21 August

Nifty 50 Index (NSE:NIFTY)  
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NSE:NIFTY   Nifty 50 Index
Support and Resistance Trend Analysis Candlestick Analysis midday Technical Analysis
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supportandresistance trendanalysis candlestick midday technicalanalysis
Nifty is coming out strong today.
Good recovery from lower levels of 300. and a breakout above 385 after taking its sweet time consolidating below 385 is a good sign that we might see a contiuation towards upside.

TP1: 450 Tp2: 470 SL: 15min close below 365.

If day closes above 500 (by any chance), swing targets will be 640 and 800 (32).
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