Nifty futures looking for buy at these levels. We recommended to our customers for directional long positional for Nifty futures for targets of 11220 levels. By the end of the day, FIIs and Institutions may change their positional str to positive side. Weekend effects can be seen during day to short PE by FII/Institutions.
Trade active:
Keep Strict SL of 10892
Trade active:
Revise SL to 11020 levels whenever market re-open
Trade active:
Keep strict SL of 10972 levels in Future, Do not short Nifty because FIIs having solid long position in CE long, PE short and also in Future. We may a good bounce in second half, if it not recovers Now.
Trade active:
Market is volatile due to rupee weakness, we may see rally in Nifty whether it will be today or tomorrow.
Trade closed: stop reached:
Due to political uncertainty, markets again failed to cross 11120 levels.