NIFTY marked the planned target on Friday. As a next Step it still look to be a good low risk buy in dips to 8250-60 zones with SL and reversal below 8200.
Else wait on the upside for a clear of 8350, after which a zone near 8500 can be potential target
Else wait on the upside for a clear of 8350, after which a zone near 8500 can be potential target
Trade active:
NIFTY Futures marked a low near 8260. Did take a trade entry at 8270 as per the trade plan discussed , lets see how this spans out. The candle set up does'nt look promising though :)
