SUMMARY:- *Nifty has again broken out of its bullish flag formation *last week had given a big trade in banknifty on break of bearish trendline *index achieved weekly close above 17800 last time that happened we broke we managed 18600 and 18200 *I was bullish last week i am bullish for coming weeks *covid data is not affecting in the markets *result season is about to start markets will react *wait for index for the following event to happen for safe entry -one can wait for index to enter above 18050 -target for new all-time high stop will be below 17920 -good risk reward ratio -it is okay if you enter late but entry will be safe
NIFTY FUT BUY@18030-18050 STOP@17900 TARGET@18300-18430-18550 (NOTE:-TARGET WILL BE REVISED TO NEW ALL-TIME HIGH)
NOTE *once in profit and first target is achieved *trail your trade to short price so it becomes no profit no loss trade *do not overtrade *for more index and stock updates check the link in the signature box below *longs are active already check out the channel link *early analysis through link channel 👇👇👇👇👇👇👇👇👇 "CHANNEL PUBLISH ON 3RD JAN" -check link in the signature box
'CHANNEL PUBLISH ON 6TH JAN" -check link in signature the box
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