TradingView
akhil1206
Mar 24, 2018 11:35 AM

Nifty get up now Long

Nifty 50 IndexNSE

Description

nifty at important time cycle date cud play a bounce back to test the 200 dma before the drop down to make new swing low.... the gap cud be an exhaustion gap also....looking fr buying opportunity here... look fr a buy on Monday open with a stop of 9900 fr a tgt of 10100-120.

Comment

putting a stop of 10020 closing and looking fr 10210-20 ...

Comment

sorry putting a stop of 10120 looking fr 10200-10210
Comments
akhil1206
exhaustion gap Done and dusted.......
nileshgr
The gap must start getting filled for it to be called a exhaustion gap.. It can be decided only after seeing 2-3 more candles.
akhil1206
@nileshgr, agreed with u,,, i thnk the high volume on friday is also a factor to make it an exhaustion gap
gyanendrakr09
Good
More