Gap down opening of 1 % around 5550-60 is expected with negative bias .Market will be volatile...profit booking will be seen in maximum stocks .
FIIs were net sellers of 630 Cr in stock futures in last session indicating that profit booking was started....
http://www.dhanvarsha.in/2012/09/fiis-were-net-buyers-on-18-sept-12.html
Candles confirmed reversal at Daily Nifty chart
Trade in Nifty futures as per these levels
Buy at / above: 5587 Targets: 5603 - 5622 - 5640 - 5659
Stoploss : 5568
Sell at / below: 5568 Targets: 5553 - 5534- 5515 - 5497
Stoploss : 5587
Trade with stop loss and discipline
Have a nice day
I M hele to chappolt nifty ...
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