TraderSubhabrataSaha

NIFTY TRADE SET UP 28/02/22

Long
NSE:NIFTY   Nifty 50 Index
Hi Readers
In Nifty Intraday Trade Analysis based on PRICE ACTION ,OPTION CHAIN ANALYSIS and Leading Indicator NIFTY Showing Bullish Despite of WAR SITUATION. Market already discounted
If any MAJOR BAD NEWS FROM WAR AREA may Change this into BEARISH Sentiment. But EXCEPT WAR Scenario Market will move in a Range of
In Chart Pattern of 1 Hour Time Frame I Found a breakout of CHANNEL and Closing above Channel High Also respecting a TREND LINE SUPPORT
BUY ENTRY 16675.80
SL 16640.00 (CLOSING BASIS)
TARGET 16715.00
16734.70
16747.75
RISK 35 POINT =1750 PER LOT
REWARD 35 POINT=1750
60 POINT=3000
72 POINT=3600

Thanks and regards
Trader Subhabrata Saha

Disclaimer: All Levels given above is purely for EDUCATIONAL PURPOSE DO ANALYSE YOURSELF AND CONSULT WITH YOUR FINANCIAL ADVISOR



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