RESISTANCE @ 5610-5650-5695
IF NIFTY COULD NOT CROSS 5610-5620 LEVEL AND NOT SUSTAIN CLOSE DAILY AND WEEKLY CLOSE ABOVE THIS LEVEL THAN ONE CAN GO SHORT WITH STOP OF 5620 AND ABOVE FOR TARGETING 5550-5500. OR IF ITS CROSS 5610 AND SUSTAIN ABOVE
THAT LEVEL THAN ONE CAN GO LONG FOR TARGETING 5650-5695.
ABGSHIP :- AS PER 1ST CHART WE SEE IS IN TRIANGLE PATTERN AND ITS CLOSE ABOVE RESISTANCE LINE OF CHANNEL, AS PER 2ND CHART WE SEE ITS TRADE ABOVE 200D-SMA, MACD IS ALSO IN POSITIVE MODE, 14 DAY RSI AS ALSO ABOVE
MEAN LINE AT 60. ONE CAN GO LONG ABOVE 389 WITH STOP OF 384 FOR
TARGETING 405-409.
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