Nifty 50 Index
Updated

Nifty - May 8 Expiry day analysis

816
Today also we had a narrow range movement day. Price has formed an ascending triangle in that process. Sustaining above 24400 is important to be bullish.
Buy above 24440 with the stop loss of 24400 for the targets 24480, 24520, 24580 and 24620.
Sell below 24340 with the stop loss of 24380 for the targets 24300, 24260, 24220 and 24160.
Always do your own analysis before taking any trade.
Note
From 24400 resistance. snapshot
Trade active
Short
Trade closed: target reached
All targets done. snapshot

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