IndexAce

Going Long with Nifty future.

Long
IndexAce Updated   
NSE:NIFTYH2023   S&P CNX NIFTY INDEX FUTURES
Technical charts of the Nifty march future suggest bullishness, I am going long at CMP(17144) and will add more below 17082.85, my stop loss for long is at 16983.
Comment:
Initial target is at 17387.
Comment:
Nifty march future is facing supply pressure above previous day's close(17185).
Comment:
I am booking profits here at CMP 17191.5, will initiate long again if I get below 17082.85
Trade closed manually
Comment:
No more buying below 17082.85, huge supply in the market.

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