Nifty has formed a hammer pattern on weekly charts and also it is near lower end of the bearish channel which gives a comfort and good risk reward to initiate a buy here on nifty and Nifty can go till 17500 in medium term with a stoploss of 15700
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE ACCORDINGLY ON YOUR OWN RISK WITH CONSULTATION OF YOUR FINANCIAL ADVISOR
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE ACCORDINGLY ON YOUR OWN RISK WITH CONSULTATION OF YOUR FINANCIAL ADVISOR
Trade closed: stop reached
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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.