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UnknownUnicorn3503085
Apr 16, 2019 4:07 AM

Nifty On a Cautious Bull Ride Long

Nifty 50 IndexNSE

Description

After hitting our targets of 11700 & 11750.
Nifty is now trying to touch the levels of 11830.
Though the technical indicators are at the over reached point so again it will fall but this time be cautious either it will make a top or ready for a new higher range viz., 11900-12000 & last 12750.
One can trade nifty with sl of 11630, 11580 & 11400 with the target of 11830 & 11880

Trade active

Target 1 Hit in Nifty,

Now moving ahead for 11880 range.. Where it can consolidate (Possibility)
Though if it didn't then expect 11925 Range and 11963 as further targets.

Comment

Be Cautious with all the trades. Now the support has moved to levels 11680-11691.

Trade active

Nifty again come in our support zone.. Buying can be started with the SL of 11490 &11400. For the targets of 11660,11780 & 11833.

Trade closed: target reached

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