Nifty today tested 10441 another 40-50 points can be a good shorting oppourtunity, as nifty jumped 194 points but open interest addition only 2 % which suggests nifty may not sustain above 10500. will another round of selling around 10500-10550 .as long as nifty does not close above 10561 on weekly basis it will remain week one can short with stop loss of 10561.
sanjeev kumar
sanjeev kumar
Trade closed: target reached:
so finally we are heading towards expriy,markets may see more voltility,maket fall around 350 points from 10441now so book profits, and wait till 10225 if market sustain above this it may head towards 10350,then again, creat short positions because next month will be result season .
market may will test 9863 in next month series. happy trading
market may will test 9863 in next month series. happy trading