A POSITIVE OPENING ON MONDAY COULD WELL TURNOUT OT BE A BULL TRAP ! FOR THIS TO PLAY OUT, I EXPECT NIFTY WILL TRADE BELOW 11750 AFTER 10.15 AM.
SHORT ACC TRG 1630 ( HIGH PROBABILITY ) PRICE AT DIVERGENCE WITH RSI . 1680 AREA ACTING AS RESISTANCE WITH BREAK IN TREND LINE . GOOD SET UP FOR A HIGH PROBABILITY SHORT !
BANK NIFTY TRG 30416/30423 ( HIGH PROBABILITY )
NIFTY TRG 11736-11766 ( HIGH PROBABILITY ) MAX BY TUESDAY
Heromotoco Trg 2760 ( positional ) high probability.
TRG 2605 & HIGHER ( HIGH PROBABILITY ) SL 2525
TCS LIKELY TRG 2117 ( HIGH PROBABILITY ) SL TODAYS LOW. ( CNX IT TRG 16226 )
MARUTI 6700 & HIGHER ( HIGH PROPBABILTY )
NIFTY TRG 11430 ( HIGH PROBABILITY ) SL 11550
NIFTY LIKEY TRG 10916 SL 10750 ( CLOSING BASIS ON DAILY )
BN LIKELY TRG 26400 ( HIGH PROBABILITY ) GOOD AREA TO BUILD SHORT 27075 - 27100
NIFTY LIKELY TRG 11140 SL WILL BE LOW OF TODAY .
BANKNIFTY LIKELY TRG 27680 SL TODAYS LOW .( HIGH PROBABALITY )