Nifty View !! Buy Nifty at Cmp 11200 Use Dips Till 11100 for Buying with Sl 11040 Target 11500-11700+ Note: View Given Here are For Educational Purpose Only!! Consult Your Financial Advisor Before Taking Any Trade
MCX is getting ready for a big rally on the upside after breakout
Nifty formed a bullish flag pattern followed by a consolidation before a breakout to reach the top of the flag. Further consolidation was seen in the ~11800-12000 range. Nifty has witnessed a breakout from this range and is thefore expected to resume its upmove to the target of 12775 given the length of the Flag Pole. This is ofcourse going to be a swing...
THE INDEX HAS ENGULFED ABOVE THE CLOSE OF THE PREVIOUS BAR. STOCKS LIKE BOI AND BANKINDIA AND CANARA BANK HAVE ALSO SEEN BULLISH ENGULFING PATTERN BUY ANY OF THE ABOVE STOCKS WITH A SHORT TERM VIEW