pratik2358

Nifty trade setup (check caption for detail)

Long
NSE:NIFTY   Nifty 50 Index
Index witnessed a strong upmove after initial cool off
Index witnessed highest ever closing today with Nifty surpassing the mark of 22200 level

Going forward ⏩ now Support comes at 22100-22060 area on the lower end followed by 21930

The overall trajectory as can be seen by visible price action suggest that nifty can continue to inch further up towards 22500-22550 areas
As long as support of 21930 -21950 is intact

The best part for the day is the strong move in banking index especially in the giant Hdfc bank which suggest that the move can extend further by taking support of banking stocks & Twitter wala pratik2358 believes that as long as there is no proper bearish signal, just staying short is a waste of opportunity.



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