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brainmassfinance

R-0134 BUY NIFTY AT CMP 11050-11080 SL 10870 TGT 11300/11400

Long
Nifty 50 Index (NSE:NIFTY)  
brainmassfinance Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis NIFTY nifty50 niftyanalysis niftyindia niftyoutlook niftytrend niftyprediction
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trendanalysis nifty nifty50 niftyanalysis niftyindia niftyoutlook niftytrend niftyprediction
Correct of ELITE wave is completed at 10874 and then for the next leg, we may see its retracement till 11400 so go long for the AUG series for the TGT of 11400.

It is also supported by TK cross over at 10990 and MACD line cross over so we expect to break the Ichimoku cloud on the upside and continue the momentum.

SL for short term 10990 and long term 10870.
Trade closed: target reached:
HIT the FIRST TGT...11300 it may face resistance now so its best to book the profit.
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