Be ready to long and trail profits through these levels.
Each line if it stays above it, it is strength, if it doesn’t be careful.
Second half may bring further rally, if globe is positive too, FIIs will re enter.
Morning, I’ll update Nifty future levels to trade and make money.
Like and follow to be sure, not to miss it.
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Wake up early tomorrow and try to take position early as we might see huge burst, later on, risk reward would be less. And remember exit early and re enter if it goes back up.
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I’d suggest take position between 9:45-10:15. Not at the open.
Trade active
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Nifty Futures -
Resistance- 9090-9100 Support 1 - 8950-8960 Support 2 - 8850-8860
Don’t go long, unless it stays above 9100.
Market is very weak, not rising on any news.
I won’t take any position on the open.
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Multiple times bounced back from 8950.
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LIVE : Please Mark 9030 in your charts. That will decide trend for afternoon. If it breaks out for 9030, we might see a very good rally. Look for longs above 9030.
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Nifty futures level , not spot. From tomorrow, will update futures chart only.
@altafhussain75, i don't think so, buy at 8,990 .... make 30-40 points and exit.
Looks like a uptrend
dravya
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@altafhussain75, sorry, couldn’t reply in real-time, as I’m trading myself. As suggested market is weak, do not long under 9100. 9030 proved to be good for shorting. Failed to breakout 4 times.
vishalpan
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@dravya, Absolutely, it failed and now it's testing day mid, 8,915-8,935 close today.
What to do hold or wait till 21 May
What?
Please assist me...