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!!
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