Bears are tightening their grip slowly ...
Option oi table is showing that huge writing in 5700 and 5800 calls and short covering in all strike of puts is clearly indicating that bulls are disheartened and had lost their grip from market on Friday ...
decrease of oi in 5600 puts ...
Gap down opening of approx 30 points or more is expected with extremely volatile session ahead ..
Trade in Nifty futures as per these levels
Buy at / above: 5666 Targets: 5687 - 5707 - 5721 - 5737
Stoploss : 5646
Sell at / below: 5646 Targets: 5629 - 5607 - 5593 - 5571-5552
Stoploss : 5666
Trade according to levels and stop loss .
Sell on rise and book profit at lows .
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