Mantubora

Nifty showing neutral mood.

Mantubora Updated   
NSE:NIFTY   Nifty 50 Index
HOW TO TRADE IN NIFTY .

Nifty will be neutral but as corona cases are increasing, the market will be bearish at the end.

behind the scenes:
FII -1633cr DII +2355
EUROPEAN markets are flat.
SGX nifty is trading bullish at the time of review
Advance to decline ratio is around 379:1595 in Nifty
US market data is bearish
Crude oil is trading at $64 bullish
Gold is trading at 1774 with bullish view
US 10yr bond is flat at 1.610 bullish
Dollar index is also flat 90.89 bearish
OI For Nifty for the lower side are 14,300/14,200/ 14,100/ 14,000
OI for nifty on the upper side are 14,400/ 14,500/ 14,600/ 14,700/ 14,800/ 14,900/ 15,000
Maximum OI at 15,000
Max pain at 14400
market price 14360


what to expect:
Market may show a bull run if crossed 14450
how to trade today:
1. Gap up opening
first possible resistance 14364
second 14450
third 14522
fourth 14598

2. Gap down
first possible resistance 14275
second 14207
third 14126
fourth 14045

3.flat opening
14450 is a crucial level to watch

This is an educational analysis no call is related to it
Trade closed: target reached:
The market was inside the box, appropriate target hit.
thank you.

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