1. Trading below 50 ema... 2. broken channel support... 3. has revived a bit in the last 2 days n now showing some bullish signals.... trade set up 1. buy only once it goes back to the channel.... 2. or sell if u c it showing resistance to cross the channel....
short term trend 1. market bullish 2. may try for 450 +...(take chances only after that ) still want to trade: sell the 420 PE n take ur chances... final set up no trade zone : 429- 451 buy above 451 for 500 sell below 426 for 400 n below.... disclaimer: bias view and for self .....