vanathi

Mighty Nifty - Analysis for Jan 13

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Price is at trend line resistance now. Buy above 17880 with the stop loss of 17840 for the targets 17920, 17960, 18000 and 18040. Sell below 17820 with the stop loss of 17860 for the targets 17780, 17740 and 17700. Trading execution is a skill which can be developed.
Comment:
Bearish, but with the possibility of retesting the trend line.
Comment:
Trend line BO. High : 17999 Low : 17774

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