- Time to book some profit. Or trail it if you want greater profits.
- The GAP is still intact in hour chart.
CHART - II
- Nifty futures has gone above 5500 as discussed below.
- Now NF has created a gap in hour chart. We have to see if it is a runaway gap or it gets filled today.
- Those who are holding long position should keep 5508 as stop loss.
CHART - I
- Nifty futures hour chart gave this pattern on Friday.
- This pattern in hour chart should take NF well above 5500.
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