Nifty Outlook & Trading levels for Expiry day

Expiry day Prediction

Nifty slipped out from up slanting channel… expecting  5950 -60 will extend gud support and it will be able to re enter in up slanting channel  means closing at or above 6000…which is demand of   fib as it must close in green in 5th week too…

As per options  table nifty is having very strong support at 5900 and  may not  slip below 5900 in any case ,6000 is almost tie as option writers  have equally sold options of 6000 CE/ PE approx 60 lacs each and  having 40 to 50  Rs  option premium in their account if sold ce and pe 6000 yesterday …  if nifty will settle any where between 5950 – 6050 writers wont  be in loss at any cost so they  will try their best to manipulate nifty between 5950 -6050 and will try to settle  at 6000 plus minus 25 points so expect closing between 5975-6025 …

Negative to gap down opening is expected with extremely volatile session ahead.Stocks specific moves will be there  market will move  fast today, range may be slightly wide.

Trade in Aug Nifty futures  on Expiry day as per  levels ..

Buy at / above: 6004   Targets: 6021 – 6041 – 6060 – 6085
Stoploss : 5983
Sell at / below: 5983   Targets: 5968 – 5947 – 5930 – 5910
Stoploss : 6005

Day before yesterday we were  holding Aug nifty Short at  6125  6140 level call was

23 Jul 13, 03:28 PM

Admin: stbt nifty contra call hope of 20 30 points but risk also same go for aug niftySHORT

24 Jul 13, 10:48 AM

[×] [o] Admin: nifty traded below 6037 AUG call was 24 Jul 13, 09:33 AM [×] [o] Admin: SELL Aug nifty between 6094 6100 sl 6112 tgt 6072

24 Jul 13, 11:36 AM

[×] [o] Admin: you may start buying aug nifty above 6000 sl 5986 trading at 6017

24 Jul 13, 12:59 PM

[×] [o] Admin: niftyyyyyy 6032 Aug nifty khelo khao

24 Jul 13, 02:21 PM

[×] [o] Admin: BUY nifty above 6k 6013 now sl 5988 aug nifty BUY

24 Jul 13, 03:12 PM

[×] [o] Admin: ce traded at 28 seeeeeeeeeeee 24 Jul 13, 02:47 PM [×] [o] Quazi: can iBUY ce @ 20 now? 24 Jul 13, 02:48 PM [×] [o] Quazi: @admin sir 24 Jul 13, 02:55 PM [×] [o] Admin: yes

Nifty Outlook & Trading levels for Expiry day