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Nifty Future a buying opportunity for Intraday Trading

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Nifty future intraday chart shows nifty future is more likely to bounce for intraday trading, so I would suggest traders to look at 4945 level for long entries with 20 points gain in this trade hence targets will be 4965 level. Stop loss also 20 points i.e at 4925 zone. Here Risk-Reward-Ratio is 1:1 and I wont be taking this trade today, as I will be busy with some other work.

Nifty intraday trading buying seen

On 15 min charts stochastic indicator shows nifty future is oversold and buying must be expected in today’s trading session. For latest market updates, join me on Facebook and Twitter or subscribe to Free SMS List.

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About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Comments

  1. adamscot says

    It’s glad to see good information being convey. Its a very nice written, and I really like this blog. Thank you for sharing this info.

    Reply

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