Mighty Nifty - Analysis for Dec 12

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Today if the price moves in between support and trend line resistance, then we will get a sideways market. Buy above 18510 witht the stop loss of 18480 for the targets 18540, 18570 and 18600. Sell below 18440 with the stop loss of 18470 for the targets 18410, 18380 and 18350.
Trade active:
t3 done. Next t 18330, 18290.
Now price have to sustain above 18500 to move up further.
High : 18521 Low : 18345. After price made low, it remained in range.

Roles I play here : Author, Analyst & Moderator.

Free Telegram Channel.

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.