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marketstreet

Long on NIFTY

Long
Nifty 50 Index (NSE:NIFTY)  
marketstreet Updated   
NSE:NIFTY   Nifty 50 Index
Chart Patterns
5
0
chartpattern
Levels on the chart
Comment:
If Nifty breaches 9878, then it would TEST 9958 Levels for sure. Then
initiate long, with tgt of 10000 - 10010 , with SL of 9916
Comment:
Opened with a gapup above TGT 1
Comment:
** TGT 2 was also reached, now it would face bit resistance here to reach 10069.
Comment:
4 points away from final target, Nifty may fall few points once it touches in the range of 10069 - 10077, so long positions need to be bit careful.
Comment:
As advised, Nifty started falling after it made o high of 10067.25. Now it made a low of 10011.7. :)
Comment:
As told above, if Nifty does not hold, 9878, it would test 9958 Levels.
Comment:
As expected, Nifty fell to 9958 levels.
If nifty Sustains, 9916 Levels, Nifty will move to higher levels.....
Trade closed manually
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