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Nifty Future : Trading on a range-support

8275-8080 is seen as a current consolidation range for nifty going on for a month & currently price trading on the range bottom-8080 level of support.Expecting either a reversal from the 8080 support towards 8275 level of resistance to continue the range momentum or a break below the support will lead the index towards 7920 level of next support.So we'll be getting either a reversal trade or a breakout trade opportunity in coming days.

nifty-21-12-2016

(Checkout FREE FUNDAMENTAL VIDEO COURSE contents to understand PRICE ACTION ANALYSIS done here )

SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.

PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone

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