NIFTY INDEX PRICE ACTION EXPECTED FOR THE DAY

INDEX SUMMARY

-SGX NIFTY IS SHOWING A 40 POINT POSITIVE START
-NIFTY HAS ALMOST COVERED EXPIRY DAY FALL
-IF ONE WILL NOTICE SAME KIND OF MOVE WAS SEEN IN NIFTY WHEN IT CLOSED @10800
-ONCE THE BAR WAS TAKEN OUT IN THE INDEX SAW A 1000 POINT MOVE
-CAN NIFTY REPEAT THE SAME AFTER TAKING OUT 12015
-LETS RELAX AND TAKE IT DAY BY DAY
-INDEX FAILED TO CROSS ABOVE 11950 WERE WE EXECPTED RESISTANCE TO KICK IN
-BUT FOR TWO DAYS INDEX IS TRADING ABOVE 11855 AND CREATING HIGHER HIGH AND HIGHER LOWS
-EXPECT HEAVY SHORT COVERING AFTER INDEX TAKES OUT 12015
-A QUICK BURST CAN TAKE NIFTY TO 12065-12070
-IT WILL BE ONE OF OUR DASH TRADES
-CRUCIAL RESISTANCE KICKS IN @11950 RAISED FROM 11915
-CRUCIAL SUPPORT KICKS IN @11850 RAISED FROM 11815
-WAIT FOR DASH LEVELS TO BREACH



SCALP TRADE WITH DASH LEVELS
BULL SCENARIO

-IF MARKET CROSSES ABOVE 12010

NIFTY FUTURES TRADE
BUY@12015
STOP@11970
TARGET@12075
QTY=300


RESISTANCE FOR THE DAY (FUT)
11975-11945-11915
SUPPORT FOR THE DAY (FUT)
11870-11850-11815

SCREENSHOT


!!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!!
!!TRADE ACCORDING TO YOUR RISK PROFILE!!
!!HAPPY TRADING!!
!!PLEASE LEAVE LIKE!!
!!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!