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subravi

Nifty caught the bear trap..don't we ?

Nifty 50 Index (NSE:NIFTY)  
subravi Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis
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trendanalysis
Nifty 17082 - Caught the bear trap move and entered at 16985 .Nifty has moved to a high of 17087 ..How do You rate this study ?

Nifty divergence .. Bears getting trapped ?
Comment:
Nifty 17223 - Has resistance around 17290=17310. As Nifty is bullish, we expect this resistance will get passed through and test the target 17570
Comment:
Trade completed : 17300 PE 380 @ 09:21 closed at 407 @ 09:23
Comment:
Trade completed :17250 CE 417 @ 09:31 closed at 435 @ 09:32
Comment:
Nifty @ 17325 -Trade entered 17300 CE 406 @ 09:33
reason : Resistance zone 17290-17310 passed through
Comment:
17350 PE 383 @ 09:41 closed at 405 @ 10:40 AM
Comment:
Trade entered Added 17300 CE 415 @ 11:40
Reason : Holding well the support.
Comment:
Trade entered 17300 CE 406 @ 09:33 closed at 426 @ 11:52
reason : Resistance passed through
Comment:
Trade entered Added 17300 CE 415 @ 11:40 closed at 365 @ 14:15
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