B-Power

(Intraday) Big Bull! Soon on Nifty..

Long
NSE:NIFTY   Nifty 50 Index


1. Nifty is forming Ascending Triangle Formation

2. On Drawing the ABCD Pattern from the recent Low and High on Nifty .

3. The Price recent retraced to the 61.8%.
if
D=1 ,reversal Point at 12016(Triple Top)
D=1.28 ,reversal Point at 12087
D=1.61 ,reversal Point at 12160

4. RSI looks Positive.
5. Buy Above 11960 Target: 11990 , 12016
(12000 Strike Price Major Resistance as on Option Chain Open Interest).Stop Loss :11930



Order cancelled: Please don't activate this trade as major trend line broke on the 5mins chart of nifty

Comments

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