Welcome to Expiry Day ! Today in our Nifty analysis we took just single sided view, yes kind of biased scenario on Gap Up open & taking support at 9380's zone, then back to reach for 9430's. The Move above 9430 to 9450 can be expiry build up for a swift action down, Well I may be very wrong about this point. So what a Intraday player can do ? Wait for the Nifty to take support n reverse in 9380's zone OR ( Rare possibility ) Retest of resistance at 9400's & move down. Just keep it as info only, in My opinion I expect Nifty to close at 9405 to 9420's.
And how come we can end the analysis without touching upon Title ?? Here you Go Dear... These days "Technical Glitch" became a Norm & easy thing to blame on, anything & everything if failed - Technical Glitch. EVM ( voting machines) - Technical Glitch Ticket booking failed (Irctc)- Technical Glitch Late Door delivery - Technical Glitch Exam results not loading - Technical Glitch Our orders not Triggered - Technical Glitch Net banking payments fail - Technical Glitch My Tradesetup fails - Hey wait, Not Mine, That's Technical Glitch ;)
See You Guys, InsiderB
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Nifty choose its own Highway, neglecting our bumpy roads :)
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Right on the Mark - Today's high. Now, what might be possible, Act Depending on Scenario (@ Double Top) :
@InsiderB, Its just about probability.. I was also prepared to go short at your levels, had buy and sell orders punched in double top level.. , went with whatever triggered ... :) All i thought was that this expiry would give wild swing ..Thanks for providing the setup in the morning ..