TODAY WE ARE OUT OF MONEY AS WE ARE SHORT @ 5417 & 5427 WE GOT A CHANCE TO COVER SHORT AFTER 1.30. BUT WE ARE SHORT FOR POSITIONAL .
AFTER EXPIRY NIFTY COMMON AVG IS NEAR 5427, COMMON LOW AVG IS 5350 & HIGH SIDE 5550
IT MEANS FOR BREAK OUT CLS ABOV 5550 OR BREAK DOWN 5350 IS NECESSARY TILL THAT MARKET WILL BE IN CONGESTION BAND.
YESTERDAY AVG 5417 .TODAY 1 ST ONE HOUR 1CR NIFTY AVG WAS 5368 THIS WILL BE GOOD SUPPORT)
TODAY FII PARTLY COVER SHORT AROUND 24000, FROM YESTERDAY 68000 SHORT. LAST FEW DAYS FII CREATING LONG POSITION IN STOCK FUT.SO WE WILL SEE MORE MOVEMENT IN STOCK THEN NIFTY.
CONCLUSION RANGE BOND .TILL CLOSE 5550 & 5350
AFTER EXPIRY NIFTY COMMON AVG IS NEAR 5427, COMMON LOW AVG IS 5350 & HIGH SIDE 5550
IT MEANS FOR BREAK OUT CLS ABOV 5550 OR BREAK DOWN 5350 IS NECESSARY TILL THAT MARKET WILL BE IN CONGESTION BAND.
YESTERDAY AVG 5417 .TODAY 1 ST ONE HOUR 1CR NIFTY AVG WAS 5368 THIS WILL BE GOOD SUPPORT)
TODAY FII PARTLY COVER SHORT AROUND 24000, FROM YESTERDAY 68000 SHORT. LAST FEW DAYS FII CREATING LONG POSITION IN STOCK FUT.SO WE WILL SEE MORE MOVEMENT IN STOCK THEN NIFTY.
CONCLUSION RANGE BOND .TILL CLOSE 5550 & 5350
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