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Nifty: Gap support again working it's magic today

Long
NSE:NIFTY   Nifty 50 Index
Nifty

On June 08, we had highlighted support level of 15633 and the Gap support zone of 15611-15580


Today again we see Technical Analysis showing it's usefulness in making trading decisions at pre identified levels. We cannot time the market but when time comes one can surely make the most of it.

The underlying message: do your Analysis and be ready with the levels. When you see those levels come, make the most of it....


Going forward, till the time Gap zone is withheld, Nifty has a good chance for target of 15940 / 16030 / 16220

Take care & safe trading...!!!

Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be

Comments

time wise correction
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dail closing is not done.. any way you are right..
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