prajfinancials

NIFTY

Long
prajfinancials Updated   
NSE:NIFTY   Nifty 50 Index
Nifty consolidated above the the strong resistance line last week making it a strong support now. On 15min chart the index has formed a flag pattern . Resistance of the flag is around 11240. break 11240 can take the index towards 11300. support for the index lies near 11130 followed by 11080. Only a move below 11160 can take the index towards 11080. Right now trend seems to be positive.
Trade closed: target reached

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