AmitPrabhakar
Long

NIKE is long term bullish.

NYSE:NKE   NIKE INC
NKE
88 0 1
nke
Buy this stock and forget . This is a stock that gives dividend. Important is to enter at a right time.
I see this stock touching 60.24 in near term as it is correcting. But it will pull back from here as there is strong support.

If it break the support of 60.24, then is may be range bound or move down. So watch out and exit in that case.

Strategy: Buy at 60.24. with stop loss of 59.74 which is just below 200 MA
Target : 67 and long term bullish .

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