NIFTY has formed a nice Inside Candle day befor eyesterday.
If NIFTY breaks above 17700 :-
Carry forward buy above 17700 for target 17922/18036
IF NIFTY breaks below 17470 :-
Carry forward sell below 17468 for target 17241/17127
Breaks should be on the closing basis of the daily candle OR trade can be taken after 3:00 /3:15 PM if levels are broken.
This is positional trade and can be achieved in 3-4 days after breakout/breakdown. Do Not buy options to make use of this.
If NIFTY breaks above 17700 :-
Carry forward buy above 17700 for target 17922/18036
IF NIFTY breaks below 17470 :-
Carry forward sell below 17468 for target 17241/17127
Breaks should be on the closing basis of the daily candle OR trade can be taken after 3:00 /3:15 PM if levels are broken.
This is positional trade and can be achieved in 3-4 days after breakout/breakdown. Do Not buy options to make use of this.
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NIFTY will go much higher from here.But advised to close todays' EOD
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