Mighty Nifty - Range bound?
Updated
Nifty is nearing its previous high 9532 which will act as a strong resistance.Support is seen at the level 9450 - 9460. I expect we will have range bound movement between 9525 - 9460 today. On breaking 9450 price will move towards its strong psychological support at 9390 - 9370 level.
Trade active
Long @ 9532. Nifty has broken the resistance!Note
Targets are 9550, 9570Note
1 st target!Trade closed: target reached
Thank you Mighty Nifty!
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