vanathi

Mighty Nifty - Nov 30

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
We had a good rally today. 20 k zone was taken with the steady move. Next resistance is at 20220. Support is at 20080 - 20120.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Good.
Buy Above : 20120.
Stop Loss : 20090.
Targets : 20150, 20180 and 20220
Sell below : 20050.
Stop Loss : 20080.
Targets : 20030, 20000, 19970 and 19940.

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Expected expiry day range is 19950 to 20200.

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Comment:
Testing support.
Trade active:
Short.
Comment:
T1 done.
Comment:
No words to describe this pattern. Above the marked zone, price is bullish.
Comment:
Proved it is bullish. Next week is another story.

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