RECAP
Nifty opened near long level and after a small upmove triggered the long stop loss.
Readers who went short below 5080 would have printed out the almighty dollar as nifty
crashed to 4976 from short level. Did anyone say trading is difficult on expiry day?
Not for readers of Jerry Technicals.
Nifty
Short Sell Level
Short nifty future around 5015 with stop loss at 5040 for targets 4980, 4910, 4855.
Long Level
Nifty future crossing and trading above 5040 with volumes may move to 5090, 5125, 5150.
Bank Nifty Trading Levels
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
1 comment:
Great chart reading sir on nifty, that too on expiry day
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