Nifty Bullish, Conditional Bearish Play can be taken!!
Nifty Is bullish as per high time frames, So bearish trade only should be taken with 30/40 points target.
In spite of Lock down in India extended Nifty may perform good.
I have given the trajectory for Nifty and any closing on the level in 15 mins will trigger the trajectory. morning a sharp upwards move is expected. so trade accordingly.
Gap up will happen and buy above 9040 target 9120
Then See the chart and decide which side should be traded.
Keep an eye of the Stocks MGL,IGL, BPCL, BEML, Reliance, Airtel. All on buying side strong bullishness will be seen.
Cheers!!
In spite of Lock down in India extended Nifty may perform good.
I have given the trajectory for Nifty and any closing on the level in 15 mins will trigger the trajectory. morning a sharp upwards move is expected. so trade accordingly.
Gap up will happen and buy above 9040 target 9120
Then See the chart and decide which side should be traded.
Keep an eye of the Stocks MGL,IGL, BPCL, BEML, Reliance, Airtel. All on buying side strong bullishness will be seen.
Cheers!!
Note
Updated Analysis can be found below.in.tradingview.com/chart/H17pzSY2/
Note
9250 1st target reached, and closing the trade, Cheers!! hope All saw the post.Trade closed: target reached
Note
Make sure you don't have any open position now for buy side.Note
Both side we had profit, if you are following the analysis. Cheers!!
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