Money flow index is creeping down .positive to gap up opening is expected with gap filling possibility charts and FIIs inflow are not coinciding …FIIs were net buyers since 17 Feb where as chart is showing that that smart money is going out http://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/index.php what is true we will come to know very soon … chart is not supporting bulls nor bears and range trading is going on since 8 sessions …maximum indicators turning bearish at eod Nifty chart .
Trade in Nifty futures as per these levels
Buy at / above: 6546 Targets: 6568 – 6592 – 6618-6644
Stoploss : 6524
Sell at / below: 6524 Targets: 6506 – 6483 – 6463 – 6443
Stoploss : 6546
Yesterdays call performance
Money flow index is creeping down