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kacharts

nifty - weekly hammer

Long
Nifty 50 Index (NSE:NIFTY)  
kacharts Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis
12
2
trendanalysis
WEEKLY HAMMER
snapshot
any fall should be used to go long for the target of 11k
Comment:
snapshot
expected move
Comment:
Comment:
snapshot
A low of 10616 was seen. More pain likely so one should not be in a hurry to go long. May show 10560 as well. Lower timeframe charts be used to locate first higher high before going long.
Comment:
snapshot
looks like island reversal on charts
long only above 10605
Comment:
one can long nifty 10650 call at 15 for the target of 45
Comment:
nifty call made high of 32
nifty day low 10557 . was expecting 10560
Comment:
10650 call high 45
Trade closed: target reached
Comment:
snapshot
simple chart suggest we should see slight resistance at 10883
Comment:
KA
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