As i have already said in my previous posts that breakout of 4960 in nifty spot is good buying opportunity. Yesterday we have seen. Buy i have not posted any buy call due to buy in my personal trade so sorry for that. Today's nifty trend lines given below
As yesterday seen a heavy buying. But now open interest in 5000 may put get increased. So my suggestion is you may short at 5000 and if it shows support at 4950-60 then in that range one can buy for longs but if it will break 4950 then one can go again short again up to 4900-4920.
If any problem then you can comment on this page for intraday.
Happy trading.......
As yesterday seen a heavy buying. But now open interest in 5000 may put get increased. So my suggestion is you may short at 5000 and if it shows support at 4950-60 then in that range one can buy for longs but if it will break 4950 then one can go again short again up to 4900-4920.
If any problem then you can comment on this page for intraday.
Happy trading.......
As i said short in nifty at 5000 spot it's now 4985 if i think all of you enjoyed 15pts in future
ReplyDeleteone may take put at this level and wait for 20pts fall from now in sbi it is now at 2125
ReplyDeletei book half at 2115
ReplyDeleteexit from sbi and buy above 2124 sl-2113 for tgt 10+ pts
ReplyDelete