Nifty - Trade Intraday

[paras_123]

Today's view is negative with a sideways to downward bias.
Initial balance has been filled. take positions on breach of either side in case of safe bets

 

[paras_123]

Nifty may remain today in the range of 5898 to 5863, Sideways channel

 

[paras_123]

holding short at 87,,, target 56.2 in futures

 

[paras_123]

booked almost entire range for today....
CHEERS!

 

[paras_123]

market may test 95 -97 levels again

 

[paras_123]

5823 - 5800... was a range for bear opening days, William % method

when pull back keep a SL of 5823-27 and one can go short. it may become a trending day.
support at 5780, Reversal for downtrend 5784, expect a test of 5750

downfall may cover for the below points ,,, else it would be a strong bull rally, wait for a down close below 5750

Single Print = 5597-5594
Single Print = 5650 - 5668
Gap Up 5584 – 5630
Gap Up 5740 - 5680

 

[paras_123]

selling should be in the first 10 sec,,,but i was sleeping.. He He
in case of bear hook day, market may test 5852 levels. wait for one hour to see which way market moves

 

[paras_123]

79.4 Spot strong support so far

 

[paras_123]

Below 5740, test of 5700 expected... If we see one more bear opening tomorrow. would not be surprised.
Cheers for Trading!

 

[paras_123]

View for today


Market must be outstanding day for today, expect nifty to collapse further, Safe best on cut of initial low. what you are looking at graph is a pull back.

Buying should be only above 5836 as it stands for reversal. selling can be intiated at 5808 futures....
SL 23 ,

below 5760 see further pain till 5680
Happy trading