Simple Analysis For Monday
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Nifty Touch 3 times 14879 level so there is strong resistance at this level.
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You can buy CE when Nifty cross 14900 for the target of 15050.
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There is a support at 14700 if its break downside
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You can buy PE for the 14600.
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- Daily Chart
- Looks poised for a breakout
- Looks good for swing/positional trade for 20%+ returns
- Manage risk using position size and stop loss, markets are volatile nowadays
- 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
- Daily Chart
- Poised for breakout
- Looks good for a swing trade if sustains above resistance zone on closing basis
- Manage risk by appropriate position size & stop loss
