Nifty was in complete consolidation mode today and the markets just ended flat with a minor decrease of about 0.10 percent . A very important resistance to watch out right now is at 17663 . A long trade in nifty can be initiated when a 15 min candle closes above this resistance and huge targets can be achieved on intraday basis . Each target given in the setup is big and that is why strict trailing stoploss should be used after we hit our targets one by one . T1 (17711) T2 (17756) T3 (17785)
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Guys nifty has opened above our entry and now you can bullish in it as soon as it opens
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Guys we hit our hit our first target in nifty right now . Now it is upto you guys whether you want to hold the trade of wait exit with your profits.
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We hit our second target now and nifty is still in complete bullish mode . Now there is a very high probability that nifty might hit our 3rd target which is exactly at the all time high