NIFTY : MAY EXPIRY ...long or short ...u decide

NSE:NIFTY   Nifty 50 Index
142 1
1. AFTER a long time signals are very clear ....i mean its a bit easy to trade(dont forget market is supreme )
2. Red band is acting as a support and nifty is respecting it 9060 - 9080 levels
3. black band is the resistance... nifty is respcting that also .. 9180-9200
4. the red line 8995 is the sort of long term support....if tht breaks then targets are 8860 & 8805
5.if the black band is broken then target is 9279...if tht goes then nifty is in a new target zone...

well if come1 understand the basics of charts this chart might b helpful...
rest trade at ur own risks...
disclaimer: chart is for self
Trade active: entire new enjoy the show with sl 9286 spot....
do keep stops in place pllll.....
you can see universe above to the target of 9400
+1 Reply
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