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UnknownUnicorn4260559

Nifty : Trading Buy

Long
Nifty 50 Index (NSE:NIFTY)  
UnknownUnicorn4260559 Updated   
NSE:NIFTY   Nifty 50 Index
Technical Indicators Chart Patterns Trend Analysis NIFTY nifty50
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indicator chartpattern trendanalysis nifty nifty50
We'll buy Nifty at CMP spot 11350 sl 11300 for TGT 11465-11490

CCI : + Diergence
Trendline : At support
BB : At (-) 2 SD.
Hourly RSI : (+) divergence
Comment:
After our call, Nifty made high of 11398 and then made low of 11302. Tomorrow , if it opens gap down below 11300 then we would exit and do double short (15minutes sustained trading)
Comment:
11425 is the stop loss (closing basis) for all short position. Correction could be deeper till 10850-10900 level. 11300-11320 should provide resistance.
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