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NIFTY
RECO: BUY
TARGET: 11,000
STOP LOSS: 10,750
RECO: BUY
TARGET: 11,000
STOP LOSS: 10,750
Nifty closed flat in Thursday's trading session. It, however, has closed in a three wave declining structure on the daily charts, and hence, till the lows of 10,750 aren’t broken, the probability of a bounce back is quite high. Since, the Index has formed lower tops and lower bottoms on the daily charts; the previous swing resistance will act as a crucial resistance. So the range for the Index is 11,050-10,750. So, we recommend buying Nifty for the target of 11,000 with a stop loss of 10,750.
ACC
RECO: BUY
RECO: BUY
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