SUMMARY:- *index had excess longs in the system *they were taken to cleaners today *market oversold due to expiry and shakeout move *17630-17580 was previously acted as strong resistance for market *classic case of resistance turned support *trade with strict stoploss *its my personal view and market has yet given any sign of reversal *may later adjust trade to feb contract
NIFTY JAN FUT BUY@17720 STOP@17580 TARGET@17920-18050-18170
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 👇👇👇👇👇👇👇👇👇
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