Nifty is holding to it's support

Nifty is holding to it's trend line support. As long as it's holding it, I am bullish on it. MACD is also closing in for a long.

So, the target remains 12240 and Stop Loss has been moved to 11390.

Trade active:

Nifty opened Gap up and closed with red candle near the yesterday closing. High gap ups often make such red candles.

Trade remains open with our set target.

Trade active:

It's moving in our direction!

Move stop loss to 11549

Trade closed: target reached:

Did you guys book profit at 11549!

There's always a chance of trend reversal like what happened today. Trailing stop helps you win in such time...