Nifty - Trade Intraday

Nifty SPOT ;selling should be when 80 is cut on rally in spot.
Reversal stands at 5932,,, and if it violates it, trend will presume towards higher target.
Expect lower targets of 48-50 and 28 for today.

Futures is showing it as a Trending day, where Initial low is not broken.... Safe bets, let it cut 70,
 
First valid sell at 5833 levels, if cuts square at same level, Market may test 5860-68 levels. Build shorts there. Time should not go after 1.50 or 2.20
Bear Hook Day! Don't forget the name:)


iT did not as per my wish, but its fine we'll wait for it in future.
Happy Trading!
 
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