Flat to positive opening is expected with extremely volatile session ahead ...yesterday it was noticed that after 4 hours of range trading nifty moved up and then corrected and closed below 8 points ...
Nifty is trading at over bought zone and every alternate day candle sticks are giving reversal signal, yesterday too it was somewhat like bearish harami candle so indecision is there and confirmation required for reversal ...be cautious
Trade in Nifty futures as per these levels
Buy at / above: 5457 Targets: 5473 - 5491 - 5510- 5528
Stoploss : 5439
Sell at / below: 5439 Targets: 5423- 5404 - 5386 - 5368
Stoploss : 5457
Never trade without stop loss order ...
