Sai_Kumar

Nifty important levels to watch

Sai_Kumar Updated   
NSE:NIFTY   Nifty 50 Index
Nifty has traded in a close range and formed spinning tops. for intraday trade, a breakout in any direction with a strong candle will give a good opportunity for a trade.
Comment:
Nifty has given a breakout above the horizontal resistance.
RSI is strong and MACD is trending higher.
Risky traders buy nifty future for intraday with a strict stop loss below the breakout candle
Comment:
Closing the trade with 50 points gain.
Trade closed: target reached

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