Nifty may take support at 8550

Oct 17, 2016

Nifty is currently @ 8575 and it will take support @ 8000- 8500 and bounce back one can buy nifty with target of 8800 and stop loss of 8480.

Oct 18, 2016

Note

Nifty -0.73% is currently @ 8575 and it will take support @ 8000- 8500 and bounce back one can buy nifty -0.73% with target of 8800 and stop loss of 8480.

by mistake i write 8000 it is 8500 target and stop loss remain same as 8480 and 8800. This trade has Risk reward ratio of 1:3