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ipuneet

Nifty - going strong, 14270 important for bulls.

Long
Nifty 50 Index (NSE:NIFTY)  
ipuneet  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY nifty50 niftyfutures
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trendanalysis chartpattern indicator nifty nifty50 niftyfutures
ADX rising, DI+ weakened shows some weakness, DI- indicating upternd.
RSI rising and above 80, highest since Nov. 18
14640-14710 can be resistance points for the day, 14510-14450 should act as supports.

Long trades using bull spreads of duly hedged strategies can be taken, as long as 14270 holds.
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