nifty bounced from support of 9375 and broke trend line resistance in next candle at 9424 and successfully close above that .
price action suggest we are heading for a big target as we cross immediate hurdle of 9500 (highest call option OI).
price extension suggest a target of 9700+
earlier post and projection of nifty/ longer term view
strategy
buy with 9400 sl for 9500/9600.
price action suggest we are heading for a big target as we cross immediate hurdle of 9500 (highest call option OI).
earlier post and projection of nifty/ longer term view
buy with 9400 sl for 9500/9600.
KA