TradingView
dhananjay.d.joshi
Jul 1, 2016 11:07 AM

Nifty Trade Setup  

Nifty 50 IndexNSE

Description



We are in strong up trend, Todays close was in the supply zone, which can give us nice trade setup.

We may experience the sideways move in the market , in such move trading setup and following the same will play key role. Aroud 11th Jul 2016 and 22nd Jul 2016 we may see the short term trend changes.

Levels for the trade are mentioned on the chart.
Comments
dhananjay.d.joshi
We are nearing our target, hence bulls be alert :) , nice trade in extended up move.
dhananjay.d.joshi
we are at upper line of up trend channel, hence one can book some profit if he wants.
dhananjay.d.joshi
price Holding demand zone.
dhananjay.d.joshi
We have entry in long trade,only if we close above entry level.
More