Somanathrout

long above 10830 on a four hour candle close for target of 10896

Long
NSE:NIFTY   Nifty 50 Index
as we can see nifty resistance trendline has become support trendline and it is moving towards a high confluence zone in a bullish trend .last whole week its trying to break 10830 with a support of 10700. this week a breakout possible, but at any situation stoploss to be 10780 for long positions. nifty is expected to test 10895 on the upper side and target 2 will 11095.
Comment: target 1 achieved. Trail stoploss to 10848 for target 10935.
Comment: exit, stop loss triggered
Comment: nifty might test 10806.

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