Nifty shows strength in the initial trade and broken of the range of last two days. we recommend to buy Nifty on dip or at current levels for target of 11450 in future.
Trade active
If Nifty closes above 11420 levels in future, we may saw more 100 points rally from these levels as next resistance is stood near 11525 levels
Trade active
Book partial profits at once as USDINR is not supporting the market at these levels.
Trade active
Resistance near 11430 levels..... wait for closing basis activity. Lot of short covering will be carried out if crosses above 11430 and stayed again for half an hour.
Trade closed manually
Traders are advised book the full profit and go for a fresh call if Nifty closes above 11430 levels on closing basis.
Note
That's the way Stock_TechPro is trading...... excellent opportunity gained and booked the whole profit near its top also came out of the position at the right time.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.