Nifty trigerred long level, zoomed to achieve targets. In a week truncated by two holidays we had brilliant movement in nifty. As they say in spain, El dorado for Day traders .
For monday trading
Bull Level
Buy nifty future at 3450 with stoploss at 3410 for targets 3495, 3520, 3545, 3575
Bear Level
1) Short nifty future at 3575 with 3601 as stoploss for targets 3520, 3495, 3450, 3425.
2) In the scenario of nifty future breaking 3410, short nifty at retracement level of 3430 with stoploss at 3455 for targets 3375, 3345, 3315.
Jewel of ADAG may retest resistance