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marketstreet
Oct 10, 2017 1:14 PM

Long on NIFTY Long

Nifty 50 IndexNSE

Description

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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