Nifty trend analysis, support and resistance levels
don't go with initial breakout, wait for EOD to make any positions, most false signals come at such setups I am long but, not holding anything, good for day long can be made if Nifty sustains now..... BOOOOMMMMMM big movement surely expected
Torrent Power looks fabulous, buy for positional trade, as well long term futures can also be traded but with caution, I suggest buy and hold for 20% upside
KPR Mill shown strong support levels, I am buying with SL of 720
SBIN long at the levels for Swing, positional and long term traders, keep an eye
Strong up trend can take Nifty to new heights, if opens in red, stay away don't go short casual shorting if opens low i.e. 20 points trades can be done, strong gap down open, short but don't hold, book profits regularly
for personal reference only thanks
Nifty weekly chart with levels, this is for my own reference only. Thanks