BATTINA_ABHISEK

NIFTY IS IN RANGE BOUND- CONSOLIDATION HAPPENING

Long
NSE:NIFTY   Nifty 50 Index
IN PAST 3 WEEKS, NIFTY IS IN SMALL RANGE OF 400-450 POINTS.
CONSOLIDATION PHASE GOING ON
NIFTY IS TAKING GOOD SUPPORT NEAR 50 AND 100 DAYS MOVING AVERAGE

SO IN TWO WAYS TRADES CAN BE TAKEN
WAY 1
BUY NIFTY NEAR 10950 SL 10850 TARGET 111200-11240
SELL NIFTY NEAR 11300 SL 11400 TARGET 11000- 10950

WAY 2 (WAIT FOR BREAKOUT OUT )
BUY NIFTY F CLOSE ABOVE 11300 SL 11200 TARGET 100450-11500
SELL NIFTY BELOW 10875 SL 11000 TARGET 10600-10500

VISIT MY YOU TUBE CHANCEL FOR LIVE ANALYSIS AND FNO DATA ANALYSIS (WEEKLY)- LINK IS IN BIO

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.