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ajithchand-bhandaari
Mar 12, 2016 11:00 AM

LONG NIFTY ::: RISK CALL ::: Long

Nifty 50 IndexNSE

Description

NIFTY is expected to RISE now.

The reason why we feel NIFTY may Rise.
* Bullish Engulfing in weekly Chart .
* Stoch RSI (3,3,14,Close) is UNCLEAR.
* RSI (14,CLOSE) is UNCLEAR.
* CCI (20,CLOSE) is UNCLEAR.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :7554, SL: 7537, Tgt 01: 7594, Tgt 02: 7613, Tgt 03: 7669.
. The view expressed here is on weekly basis. [b]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.

Comments
AMBRISH
Thanks.
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