Nifty respects channel lows, fills gap, buy dips with SL 9600

Nifty has been moving in a channel, and has today respected and held on to channel lows. Moreover it has filled the previous gap at 9600, which is also a good sign. One can choose to use dips towards 9750-9800 to go long with SL 9600.

Trade active:

As expected, Nifty came down to ~9750 levels, the lower end of Channel, and is holding the levels and bouncing back. Good entry for Longs for Target 10050-10100

Trade closed: target reached:

Given a good 400+ points move, Book profit