S&P CNX NIFTY INDEX FUTURES
Long
Updated

Buy Nifty around 16320 avg@ 16220 sl below 16040 Tgt 16425/16630

60
Nifty is continuing its bullish momentum and as per the price action and fundamentals it is still looking bullish with above mentioned targets and stop loss. On price action it is in upward moving channel with good supporting volumes and the sufficient news as fuel regarding the upcoming future investments from Japan.
Note
Correction: buy nifty around 17320 avg 17220 tgt 17425/17630 sl below 17040
Note
Entry completed and averaging done @ 17238

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