Nifty Chart Update for 21/01/2015

Nifty Chart Updated 20/01/2015 EOD...

Nifty trade bought at 8202 is in profits of 8690-8202 = 488 points......

We are long in 8700CE at 54.85 on cross of our angle resistance of 8640 on spot nifty.....

and also in 8600CE at 112.25 at the same time.....

We may try to enter futures on back test of angle support at 8640 or as per the situation warrants.....

Use 8640 as a critical support for further momentum .......

Possible resistance if sustained above 8640 as per angle method is 8893.......




Happy Trading !!!

Analysis given with mandatory disclosure given on site on 03/12/2014.
Please read it before taking any trading decisions.......