Nifty Futures in Uptrend, Next Target 25800.
1. Structure -
a. Support - 24200.
2. Trend - Higher highs, low broke but didnt
sustain below previous low, made new high ->
Uptrend.
3. Buying zone - 24200.
4. Conclusion - Continuation of uptrend
expected. Target 25800 in coming weeks.
Use any down move to add to your
long term buying positions esp in IT, Pharma
around 24200.
a. Support - 24200.
2. Trend - Higher highs, low broke but didnt
sustain below previous low, made new high ->
Uptrend.
3. Buying zone - 24200.
4. Conclusion - Continuation of uptrend
expected. Target 25800 in coming weeks.
Use any down move to add to your
long term buying positions esp in IT, Pharma
around 24200.
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