Good to Start in desired direction. Hope it ends well.
Can Stay in the zone 412-415 for quiet some time to digest the gap up move in today's session & most likely pushes upside. Either you can book partial profit & re-enter close to 411-412 or hold the same for higher targets.
Took close to 2 Hours & holding in the zone 412-415 - Wow! - Are we heading next upside for 418-419+
Look the 2nd last candle kissed 412 -411.85 - Look the bounce - I have been talking about re-enter in 411-412 zone - did you?
Thanks - Take Care.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Tata motors did gain 5bucks,however with such good recovery of nifty i expected atleast 10-12bucks from tata motors.