Nifty will gap down today around 16500-16550 taking clues for SGX nifty, a nice
opportunity to initiate longs.
I would suggest to long nifty around 16400-16450 with sl 16325 and targets of 16550-16600.
Also there is strong support of RSI @30.
opportunity to initiate longs.
I would suggest to long nifty around 16400-16450 with sl 16325 and targets of 16550-16600.
Also there is strong support of RSI @30.