Gap down opening is expected with extremely volatile session ahead .
there are 3 possibilities after gap down / up opening
1. range trades at opening level
2. Try to fill up the gap
3. may increase pain in bulls / bears
what will be there will come to us but as per weekly chart nifty may take support at 5165 provided it will stay above it below that 5165 and 5200 both will start acting as resistances ..
trade in nifty futures according to these levels for intra day trades
Buy at / above: 5184 Targets: 5199 - 5217 - 5235 - 5253
Stoploss : 5166
Sell at / below: 5166 Targets: 5150 - 5132- 5114 - 5096
Stoploss : 5184
watch reliance wild moves we are expecting in it.
Important results
LT HUL Idea Dabur Colpal
Dhanvarsha students view
kailash123p@yahoo.co.in: pls send ur intraday nifty prediction
kunal: 5175 - 5250 IS TODAYS MARKET RANGE
RK said 5300 is china wall for bulls but 5200 is maha bharat area for bulls and bears as option OI is almost equal...
Varun said below 5207 bears will be in power so one can stay short with sl 5224 and trail it in case more fall will be there .
Party ...
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