NIFTY Breakout (15 Minute Time Frame)

INTRADAY/BTST Trade Idea

The index looks to have broken out of the descending trendline and looks to rally. It looks good to be bullish in the ultra short term. We can go long in the nifty future or hedged Bullish Option strategy.

Long @ 16015
Target @ 16285
Stop Loss @ 15878

DYOR before trading or investing. Not Responsible For P&L.
BANKNIFTYbtstChart PatternsfuturesTechnical IndicatorsintradayNIFTYnifty50options-strategyTrend Analysis

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