varunj13

LONG NIFTY FROM THE LEVELS

Long
NSE:NIFTY   Nifty 50 Index
Keeping in line with the major world indices. Nifty took resistance from the 50% levels which in retrospect is better than FTSE which struggled at 38% levels for long. I have bought CE options since the from the trendline upside is expected.

If trendline gets breached then SHORT trades will become active - profit booking zone is marked in charts for both size \

Keep trailing as always!

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