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Bull run on Nifty, looking forward to 14200 run in couple of dayTrade setups for 28 Dec 2020
If market has a gap up opening then look to go long on sustaining above BUY ZONE 1. You can even plan for a shorting opportunity with first target of BUY ZONE 1.
If Buy Zone 1 is not sustained or market opened below this levels we can go short with target at BUY ZONE 2 & BUY ZONE 3.
We can expect bulls to rebound back from Buy zone 3 if there is a gap down, incase if BUY ZONE 3 is not sustained then we can expect possible downside till 13475.
If Gap up then we can go long at BUYZONE 1 and book targets as marked on charts.
BANK Nifty trade setup for 28 Dec 2020Market sentiment looks bullish, expect for gap up or flat opening.
I will be more biased for long opportunities in the market. If gap up and finds some resistance at Target 1 we can expect to market to bounce back from Buy zone1.
If buyzone 1 sustains then expect upward targets as predicted.
If buyzone 2 is broken we can expect a good downside till 3.
Trade setup for BhartiArtl for 28 Dec 2020Closing sentiment was very bullish and it is at break out zone and can expect to touch its 530 levels where also has great option interest.
If the market openes above the buyzone 1 then expect a pull back to 516 and look for buy entry with respective upper targets.
If it fails to hold 516 levels then we can expect short opportunity till buyzone 2 & buyzone 3.
Overall this stock is more on buy on dip.
Trade setup for Mindtree for 28 Dec 20201580 levels holds a good breakout price level for Mindtree. If this levels holds on opening then we can expect it reach 1625 levels today and further more.
If it does not sustain then we can look for short scalping till lower buyzones.