Hi Readers In Nifty Intraday Trade Analysis based on PRICE ACTION ,OPTION CHAIN ANALYSIS and Leading Indicator NIFTY Showing Bullish Despite of WAR SITUATION. Market already discounted If any MAJOR BAD NEWS FROM WAR AREA may Change this into BEARISH Sentiment. But EXCEPT WAR Scenario Market will move in a Range of In Chart Pattern of 1 Hour Time Frame I Found a breakout of CHANNEL and Closing above Channel High Also respecting a TREND LINE SUPPORT BUY ENTRY 16675.80 SL 16640.00 (CLOSING BASIS) TARGET 16715.00 16734.70 16747.75 RISK 35 POINT =1750 PER LOT REWARD 35 POINT=1750 60 POINT=3000 72 POINT=3600
Thanks and regards Trader Subhabrata Saha
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