Boult2100

Nifty - Consolidation in the range 8370-8460

NSE:NIFTY   Nifty 50
139 0 3
Nifty             has been consolidating in the range of 8370-8460 for last few days. Play the range and enjoy. Closing above 8460-70 will trigger further rally.
Comment: Nifty just touched the range low 8370. If it breaks then 8300-8330 will come next week which is a final support of this uptrend.
Comment: Nifty should hold 8300 +- 20 points. Don't short. It might bounce from here.
Comment: As mentioned, Nifty has a strong support at 8300-8330. Nifty zoomed from 8327. Boom! bears are trapped now. Good Morning.
Comment: Intraday short Nifty fut at 8410-15 SL 8430 Tgt 8360
Comment: First tgt achieved on the short side 8365. Booked profits
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