Nifty
CMP 14774
- We have got the rise we were looking for
- on charts we see 2 important resistance levels at 14818 and 14885 levels
given the levels we have suggested a trading strategy in chart
The trading strategy covers risk for a rise in Nifty price up to 14954-14964 giving us ample scope to adjust / exit in case Nifty movement is not in favor.
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be