After too many days of consolidation of Range
Trying to step out of that range
Accumulate here for upside Targates of 15 to 20%
And SL should be closing below 2100 twice in a row
Time Frame for this trade is min 4-6 months.
One more reason is as per my thinking is IT is overbought ,Metal not supporting, Banks were neutral to uderperform mode.
Then who is the strongest contender to Hold nifty at higher level... None other than #Reliance
Note- AGM is in same week so trade carefully.
Trying to step out of that range
Accumulate here for upside Targates of 15 to 20%
And SL should be closing below 2100 twice in a row
Time Frame for this trade is min 4-6 months.
One more reason is as per my thinking is IT is overbought ,Metal not supporting, Banks were neutral to uderperform mode.
Then who is the strongest contender to Hold nifty at higher level... None other than #Reliance
Note- AGM is in same week so trade carefully.