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NIFTY trading in a support level to BUY

On our last nifty update, we talked about buying the index around 7640 & 7600 respectively and finally after failing the first level of entry, price successfully moved up from 2nd level of support-7600 & reached our desired resistance area of prior high 7740.Currently we're seeing nifty testing the old support area of 7600 again & in this support zone of 7580-7600, we're looking to buy the index back to trade in-line with overall uptrend with a target of 7740 level of resistance.

nifty-06.04.2016

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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