Hi All,
As expected Nifty bounced back from support areas of 5500-5520-5540....... As suggested the first target is almost achieved near 5600, so conservative traders can book part profits and trail your SL at cost...
Still 5520-5500 area can be considered as good support and buy on decline strategy with SL below it can be adopted...
Cheers
Hrishi
As expected Nifty bounced back from support areas of 5500-5520-5540....... As suggested the first target is almost achieved near 5600, so conservative traders can book part profits and trail your SL at cost...
Still 5520-5500 area can be considered as good support and buy on decline strategy with SL below it can be adopted...
Cheers
Hrishi
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