9950-10200 level was important for Nifty, If it was managed to sustain above this zone then I have to change my trading plan according to that. But now it's confirmed that 9900-10200 is a major supply zone for Nifty.
On Friday made a short position in NF @ 10050 and still holding. I am not interested to cover this position very early but I may book some profit @ 8750-8850 Zone.
Still, my levels and are the same. Please see the chart for the same.
Intraday view: I don't think so Nifty will easily sustain below 8750-8850 but in any case, if it will sustain then it may test 8530-8200.
tgram a t swapniltradingroom
On Friday made a short position in NF @ 10050 and still holding. I am not interested to cover this position very early but I may book some profit @ 8750-8850 Zone.
Still, my levels and are the same. Please see the chart for the same.
Intraday view: I don't think so Nifty will easily sustain below 8750-8850 but in any case, if it will sustain then it may test 8530-8200.
tgram a t swapniltradingroom
Trade active:
Open Position: Short @ 10050 on Friday.
