devashisht0712

NIFTY 50

devashisht0712 Updated   
NSE:NIFTY   Nifty 50 Index
THE SHORT-TERM DOWNTREND MIGHT GET OVER IF WE CROSS AND SUSTAIN ABOVE THE LAST HIGH.
IT WILL BE GOOD TO CUT SHORTS FOR A WHILE AND STAY CAUTIOUS TILL EITHER 15900 OR 15600 IS CROSSED AND CLOSED ON THE DAILY CHART.
Comment:
NEW LONGS CAN BE INITIATED AFTER A CLOSE ABOVE 15740 FOR A TARGET OF 30-40 POINTS.

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