NIFTY17JANFUT
NIFTY17JANFUT set to trade in narrow range between 8053-8071
Reasons:
December expiry is due
Yearly closing is due
Lots of Open Interest swaps witnessed during last 3 trading days.
Algorithmic calculations
What next?
So any meaningful breaking of these ranges will kick the new trend set.
Personally Nifty look very fragile currently
One can initiate short in underlying with Stop trigger around 8130
NIFTY17JANFUT set to trade in narrow range between 8053-8071
Reasons:
December expiry is due
Yearly closing is due
Lots of Open Interest swaps witnessed during last 3 trading days.
Algorithmic calculations
What next?
So any meaningful breaking of these ranges will kick the new trend set.
Personally Nifty look very fragile currently
One can initiate short in underlying with Stop trigger around 8130
Comment:
As expected ....
Comment:
Spot Nifty reached 8073