thechama3

NIFTY || BULLISH CANDLE POST A DOJI

Long
NSE:NIFTY   Nifty 50 Index
We saw that Nifty did not pay heed to the Doji pattern today. Infact it took support near 11452 and bounced back and closed near the high for the day and in the process formed a bullish candle. One may buy Nifty with a SL of 11449 and targets of 11546/11565/11590.

A safer strategy would be on the options front
Comment: Opened above the first target.
Comment: Made a high of 11556. Safe trading day for option sellers.