spot nifty was trading in 15 points range 5870-5885 after gap down opening and indicating for recovery but failed and moved below 30 points from days high in last hours trade
Negative to gap down opening is expected with possibility of weakness as opening will be below 20 day moving average which is passing through 5845 . Nifty is gud for bulls only above 5845 if sustained or moved above 5845 at spot niftyy may trade above 5900 in a day or two .
Trade in nifty futures as per these levels
Buy at / above: 5868 Targets: 5887 - 5906 - 5926 - 5945
Stoploss : 5848
Sell at / below: 5848 Targets: 5836 - 5816 - 5797 - 5778
Stoploss : 5868
Stoploss : 5848
Sell at / below: 5848 Targets: 5836 - 5816 - 5797 - 5778
Stoploss : 5868
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