JKoptions

Will Nifty disappoint again?

NSE:NIFTY   Nifty 50 Index
It has again came to a good resistance area of 15900-15950 but it also showing small signs of reversal. If todays high is broken then a good chance of an uptrend and advisable to go long. This breakout should happen by Friday or atleast monday otherwise again we can expect a range bound week or even for whole July month. Range being 15700-15900.

Trade as per the risk appetite, Spreads are much better to trade as risk is defined
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.

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