nifty trade setup 16/3/23
market to continue having negative outlook on account of continuing global meltdown. expecting gap down opening of about 80-100 points (around 16900 levels).
can look for Pe side trade below 16935 with sl of 19650 for target of 16900/19874/16755/16650.
not much on upside. can look at Ce side trade only above todays day high 17210, though the R/r does not appear favorable. Scalping can be attempted above 17000 with buy of dips if such conditions occur.
can look for Pe side trade below 16935 with sl of 19650 for target of 16900/19874/16755/16650.
not much on upside. can look at Ce side trade only above todays day high 17210, though the R/r does not appear favorable. Scalping can be attempted above 17000 with buy of dips if such conditions occur.
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