vanathi

Mighty Nifty - Dec 21

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Nifty made All time high today, turned its direction and had a nice fall. After this big fall tomorrow's expiry may happen within small range.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 21120.
Stop Loss : 21080.
Targets : 21160, 21200, 21260 and 21300.
21000 will be a strong support zone. Remember that when shorting near to that level.
Sell below : 21060.
Stop Loss : 21090.
Targets : 21020, 20980 and 20940.

Expected expiry day range is 20900 to 21200.

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Comment:
Testing the resistance.
Trade active:
Long.
Trade closed: target reached:
T2 done.

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