AnantTrader

NIfty CMP 9383 / long baised

Long
NSE:NIFTY   Nifty 50 Index
Nifty has a strong support at 9000 and POC at 9300 level in daily time frame.
Nifty likely to break 9500 in coming weeks if it sustain above 9300.
Below 9300 Nifty can test 9000 level if it breaks 9000 (lets not hope that.) will have run towords 8000 level.

Trade setup long if nifty nears 9300. Short if nifty breaks 9300 level
Trade closed manually: As mentioned in comments nifty is weak below 9300, nifty opened around 9250 and made a low of 9130 closed at 9150.