Nothing to add here for Nifty from bottom end range to top range end of the 100 points. Lets us see if we hold the range at the upper end or come back into the zone of indecision. The levels are same as discussed earlier for trend players. Intraday Traders can look at the levels on spot nifty given below to trade on Friday. Recently Fridays have been breakout days for nifty so an interesting close again for the week.
No trade between 5700 and 5739(To avoid whipsaws)
Buy above 5739 sl of 5719
targets 5758-5777(add positions, breakout on the upside),
5796-5815-5834-5853-5872.
Sell below 5700 sl of 5720
targets 5681-5662(add positions,breakout on the downside)
5643-5624-5605-5586-5567.
Happy Trading !!!
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.