atulm

Nifty Long from 10572 Target 10708

Long
atulm Updated   
NSE:NIFTY   Nifty 50 Index
4 day old consolidation is over.
Breakout has happened indicated by red trend line.
Taken Nifty Call 10500 at 87 (when Nifty Spot was at 10572) Stop loss at 78.
Target is Fib retracement level of 61.8% at 10708.

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Comment:
The trade is on.
Nifty @ 10630; Nift Call 10500 @ 131.

My target is 10686 - 10708.

Already in profit of 44 points.
Trade active:
Target achieved. Next target 10914
Trade active:
First target achieved, Nifty going for next target of 10914.
Our Nifty May Call 10500 bought at 282 now moved to 317

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