Indice Nifty 50
Long

NIFTY | Long or Short?

576
Recently good down move has been seen in Nifty and currently it seems Nifty making good bearish flag. Our expectation is that Nifty will go up in next few session. If it manages to cross 10603 level then positional short entry can be taken around 10750-10830 which would be 61% fibo level or short entry can also be taken after strong close below 10326 which is trendline support for Targets 10080/9700/9200. Important Gann Dates are approaching so we going to see good move in the month of March, till then market expectation is sideways/on-off.

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