AS OF NOW THERE IS NO CLEAR PICTURE IN INDEX MOVEMENT IN DAILY FRAME
NIFTY WAITING FOR SOME EXTERNAL NEWS TO MOVE
TILL IT CONTINUE TO CONSOLIDATE TILL GENERAL ELECTIONS ?
OR WAITING FOR SOME NEWS TO MOVE ?
WILL BE LONG IF NIFTY CROSSED 10780 FOR TARGET OF 10880 ZONE
AS OF NOW THERE IS NO SHORT TRADE FOR ME
will wait for confirmation for up-move 288 below up-move scenario will me nullified
expecting 350+ in short term
once confirmed will initiate the trade
As of now there is no clue In Index . should wait for further fall towards 10940-920 levels . then a pullback towards 10980-11000 is a good zone for shorting for target of 10700 levels . meanwhile if nifty crossed 11040 above then above trade will be nullified
scenario 1 :
NIFTY Opened below 10920 its negative
10980 level can be watched for shorts
if didn't crossed the 10920-30
then nifty can be dragged towards 10850-30
scenario 2:
opened above 10920-30
and crosses 10980
nifty can moved to 11145 levels
