FIIs selling can not be ruled out today ….last three sessions buying decreased gradually 2264>>990>>135>>41 which shows today we may witness negative number and if it happens Nifty will move below 6250 …EOD Nifty chart is showing that volume is decreasing gradually have a look.
Trade in Jan nifty futures as per these levels
Buy at / above: 6361 Targets: 6376 – 6396 – 6416 – 6436
Stoploss : 6340
Sell at / below: 6340 Targets: 6323 – 6303- 6283 – 6263
Stoploss : 6361
Market will trade with increased volatility therefore it is advised to trade with stoploss and with alertness . Spot the trend then trade .
Bank nifty is trading in TAZ
1 to 2 % intra day correction in reliance can not be ruled out spinning top and shooting star combination at eod chart with reduction in momentum is spotted
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FIIs selling can not be ruled out today
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