Positive to gap up opening is expected …if sustains at or above 20 30 points for more than 20 minutes then it will remain in positive territory till mid session and if failed to sustain up then profit booking may be seen which may bring it back to 6150 or below that in intra day trades . Possibility of some negative news inflow from Japan is there if it happens then our market will react on it accordingly.
Trade in Nifty Futures as per these levels
Buy at / above: 6221 Targets: 6237 – 6257 – 6277 – 6297
Stoploss : 6201
Sell at / below: 6201 Targets: 6184 – 6165 – 6145 – 6126
Stoploss : 6221
Nifty opening with upside gap
