vanathi

Mighty Nifty - Feb 15

vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Price broke the three days range today and now it is facing trend line resistance. As per the daily chart, still price is sustaining above the trend line. Pattern : Channel Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 21860.
Stop Loss : 21820.
Targets : 21900, 21940, 21980 and 22040.

Sell below : 21740.
Stop Loss : 21780.
Targets : 21700, 21660 and 21620.

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Expected expiry day range is 21600 to 22050.

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Comment:
Testing the bullish zone.
Trade active:
Long.
Trade closed: target reached:
T2 done.

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