Day Trad­ing Guide

The Economic Times - - Smart -

Nifty breached above the os­cil­lat­ing range of 77507500 with a ‘Break Away Gap’ re­in­stat­ing the bullish mo­men­tum. A sus­tained price ac­tion could fur­ther ex­tend the mo­men­tum & push it be­yond 8000. Only a breach be­low 7700 would stall the mo­men­tum & push Nifty within a range of 7500-8000. Short-term traders could ini­ti­ate longs on dips to 7800 with SL at 7700 and tar­get of 8000.

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