- Nifty has seen a drop of 500 odd points from the top of 14753
- in the last 2 trading sessions, Nifty has traded the channel well...
Till the time green zone is held on to, Nifty has a possibility to bounce back...
Important levels on the downside: 14213 / 14193 / 14148 / 14105
Important levels on the upside : 14288/ 14320 / 14358 / 14445 / 14530
Take care & safe trading...!!!
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty low in early morning trade.
Risk to go long is less from current levels
The strategy gives a risk cover for a fall in Nifty price up to 13990