vanathi

Mighty Nifty - Range bound?

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
12
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!
Comment:
Targets are 9550, 9570
Comment:
1 st target!
Trade closed: target reached:
Thank you Mighty Nifty!

Roles I play here : Author, Analyst & Moderator.

Free Telegram Channel. t.me/Analysis4Newbie
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.