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vanathi
Jun 29, 2017 3:06 AM

Mighty Nifty - Double bottom or double top? 

Nifty 50 IndexNSE

Description

Nifty has taken support at 9470 - 9475 levels.Formed double bottom too.Immediate resistance is seen at 9520 - 9525 levels. Breaking the resistance will make the price to move towards 9565, 9590 and 9605. Trend deciding level is 9525.

Trade active

Comment

Long side first target done!

Trade closed: target reached

On first target!
Comments
DINESH1961
Real dilemma. will have to see price action as both sides look equally possible on charts
vanathi
@DINESH1961, I like to be bullish, but since it is expiry date, movement may be in any direction.
Rajarshita_RS
Agree
vanathi
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