Mighty Nifty - Gap filling!

Nifty 50 IndexNSE

Description

⋅ Dec 11, 2017 1:10 PM

Nifty is bullish above 10280. Price action will try to fill the the gap at 10330 - 10350. On sustaining this level it will move towards 10410. If priceaction breaks 10280 it will move towards 10230.

Trade active

⋅ Dec 12, 2017 8:00 AM

short

Trade closed: target reached

⋅ Dec 12, 2017 9:59 AM

Targets done!

Supply and Demand

Comments

Amitgandhi1992

⋅ Dec 12, 2017 9:26 AM

Brilliant assumption !!

vanathi

⋅ Dec 12, 2017 10:00 AM

@Amitgandhi1992, Thank you.

ShanTrader

⋅ Dec 12, 2017 9:18 AM

Touched 10230 !! Does is look weak to go down further ?

vanathi

⋅ Dec 12, 2017 10:00 AM

@ShanTrader, Have to analyse later.

ShanTrader

⋅ Dec 12, 2017 5:11 AM

There is another gap on the lower side at 10200. Should it not try and move lower to fill same too ? Just a view . Your opinion ?

vanathi

⋅ Dec 12, 2017 5:16 AM

@ShanTrader, Yes, it is moving towards that gap now.

ShanTrader

⋅ Dec 12, 2017 5:10 AM

Good call !!!! It has broken 10280 for now. So hopefully it will move towards your next target !