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Deep994

Nifty lingering in a range since a month.

S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
Deep994  
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Chart Patterns nifty50 positional
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trendanalysis chartpattern nifty50 positional
Since the past 1 month, NIfty future is hovering in the range of 15700-15900. There is strong support at the levels of 15700 and resistance can be seen at the level of 15900. This provides a good positional trading opportunity.
Buy at the lower range of around 15700 and keep target of 15900 with the stoploss of 15650.
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