Nifty closed at 50 dma 6057 making chaos candle can say bearish harami or also hammer but it is clear here 6081 fib level will act as major level 6143 is 20 dma so expiry will be in this group …traders action zone or below 6050 market action will show us so for expecting 6040-6140 range for intra move
Trade in Dec Futures as per these levels
Buy at / above: 6146 Targets: 6159 – 6178 – 6198 – 6218
Stoploss : 6121
Sell at / below: 6121 Targets: 6103 – 6087 – 6067 – 6048
Stoploss : 6142
nifty will trade with increased volatility today’s move will be controlled by big option players /market operators so advised to trade fast quick entry and profit booking will be gud …keep wide stoplosses .
Nifty outlook / trading levels and expiry view