Gap down opening is expected with negative bias ,sell on rise then book profits later at swing lows you may see 50 to 60 points negative close in NF and 200 to 250 points crack in bank nifty in a day or 2 . After eight sessions range trade expecting break down , only 10 % chances of break out are still there >>> have a look at chart
Trade in nifty futures as per these levels
Buy at / above: 6551 Targets: 6577 – 6598 – 6618
Stoploss : 6533
Sell at / below: 6533 Targets: 6509 – 6487 – 6465 – 6443
Stoploss : 6551
Trade with stoploss order …please note that always place stoploss order by increasing 0.1 to 0.2 % above or below advised stoploss order to maintain secrecy of your stoploss order for better play . Try to win every trade …learn positive trading and prediction of future price seeing real time chart plus use of technical indicators. Trade according to trend ..
Gap down opening is expected with negative bias