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.......