Nifty Trading By Abhishek H.Singh,CMT

Current Price--8570

Nifty- Its Nifty's Turn With Amar ..Akbar..Anthony..


Nifty---Amar ...Akbar ...Anthony(Looking for Your Support)....If Market Supports Anthony...You Know ..He had potential to become a superstar & he turned his dream into reality...So, Guys......

In Traditional Analysis--Its 3 point contact for a valid trendline----

Won't you support Anthony....in the range 8525--8540...Yaa in doing so...be careful Anthony should not tumble below 8518 with strong momentum...

Trading Strategy-1--- Look for a support in the range of 8525--8540...with stoploss slightly below 8515..One can go with Anthony for his life push towards...8700--8750 zone....back....

Trading Strategy-2--- Let Nifty Bounce in the zone 8600--8620...& fall below 8590...Putting a stop slightly above 8645...one can look for 8525--8540 zone ....where our trading strategy --1 gets activated....

Alternate Strategy-- If Anthony fails to get support & goes below 8518...in that case look for the momentum downside & can go short with stop above 8665..for downside targets of 8470--8480...




Regards,
Abhishek H.Singh,CMT

Nifty Trading By Abhishek H.Singh,CMT