HI, If the Gap is held, we can see a good rally in nifty and its stocks. 11550 being R2 on weekly basis, we can expect it as a target. So high probability of nifty closing near about 11550.
So with a small SL of around 11400 we can initiate long trade for a target of 11550.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.