Wednesday, March 23, 2016

Nifty intra day update 23-03-2016

Nifty intra day update:
Nifty seems to be doing a FLAT correction from
7713-7644 = a
7644-7727 = b
7727-76xx = c

This view gets negated with a move above 7727 or a deep correction beyond 7540.

I'm planning to take a long position
1. A move past 7730 OR
2. Near 7640 with 20 points SL.

Nifty spot 5 min chart that I'm tracking:

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