NateshBhat

Nifty tomorrow

Long
NateshBhat Updated   
NSE:NIFTY   Nifty 50 Index
Tomorrow might be an explosive day on nifty. Writers struggling to manage this week and mishap is guaranteed for buyers.

My expectations:

If nifty opens gap up and does not go below 17100 after several attempts and consolidation probably between 17160-17100. At the end nifty might just hit a racing rally if finds a break above 17200, if it does find that break a free crazy covering rally upto 17285 is possible.
Comment:
Mishap for writers not buyers typo*
Comment:
Refer to my previous plan dips came at close and i have added more. My longs did not book or trail at 17200.trailing will be done only if 17000 breaks or we reach 17300.

Tomorrow s plan is to hold if 17000 doesnt break.

Ppl who havent been in trade tomorrow gap up/flat and buy with stops 17090 and hold.

If 17000 broken by bear incase if. Then short and hold with 17030 stops for 16900/800.
Comment:
Tomorrow no fresh entries in nifty if back to 17000-100 zone.
Comment:
Even if did not come to that extent that i thought would. Break did come and no problems for buyers at 17050. Strong day. I dont think there will be much to trade these days. Except may be some option buy trades. Very smooth market im sitting on long since 17050.
Today made a daring 17050ce buy in the morning at 60 and closed at 180. Beauty.
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