Simple Analysis For Monday
Nifty Touch 3 times 14879 level so there is strong resistance at this level.
You can buy CE when Nifty cross 14900 for the target of 15050.
There is a support at 14700 if its break downside
You can buy PE for the 14600.
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- Daily Chart
- Poised for breakout
- Looks good for Swing/ Positional Trade if sustains above resistance zone on Daily Closing Basis
- Please manage risk using appropriate position sizing and Stop-loss
- Expected Target : Previous ATH