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Trading Strategy

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Technical: Buy NIIT for a target of Rs68
Interesting observation is that the prices are currently trading above the long term average 50EDMA which is a bullish signal. Momentum Indicator RSI is showing a positive cross over in daily chart indicates strength.

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     Index Current Change
    Dow Jones Industrial Average (Sep 19) 17288.59 +22.60
    Hang Seng (Sep 19) 24306.16 +137.44
    Jakarta Composite (Sep 19) 5227.58 +19.44
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Lakshmi Ramachandran
Founder, Vipreet Safe Trading - Founder, Vipreet Safe Trading
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