- While analyzing the Daily charts of “Nifty” We found the Nifty has crucial supports at 7450-7480 in spot.
- Longs could be created in Nifty Spot at 7450-7480 levels with a SL of 7340 (Closing Basis) and Target of 7900.
- The Risk-Reward ratio is very tempting for the trade.
- 7450-7480 could be one of the many higher lows in this upward Journey of the Nifty.
Please refer to the chart below for understanding further technical
setup
No comments:
Post a Comment