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CSB68

NIFTY-Ready for a bounce back after a consolidation phase?

Long
Indice Nifty 50 (NSE:NIFTY)  
CSB68 Aggiornato   
NSE:NIFTY   Indice Nifty 50
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
NIFTY-After consolidating for a while showing signs of reversal. 19620-660 will act as the 1st major resistance followed by 19780.Close above likely to renew the upward journey towards 20000.positional tgt is likely to be 20000 with yesterdays close as sl.Call option writers are active at 19600 level ,holding above 19600 would force the call writers to go for a covering.RBI Monetary policy is also there and may add to some volatality
Commento:
TGT 1 DONE-19620 ,good part is NIFTY is holding above 19600 ,seems Monday would take a sigh at 19700
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