Last week Nifty had a classic doji on weekly chart. It failed to cross previous week's high of 10078 levels.
Banknifty also created Doji candle on weekly chart. (However it crossed previous week's high by few points!)
Trade set up - Short positions can be created with the stop loss of 10080 - 11000 levels.
Fresh longs can only be initiated only above the given levels.
Targets - 10900, 10800.
Banknifty also created Doji candle on weekly chart. (However it crossed previous week's high by few points!)
Trade set up - Short positions can be created with the stop loss of 10080 - 11000 levels.
Fresh longs can only be initiated only above the given levels.
Targets - 10900, 10800.
Comment:
Stop loss levels - 11080, 11100.