spinning top /long legged doji /hanging man spotted at eod double top of Nifty spot …if it is double top then minimum fall will be 350 points if move up then market will move towards all time high ….
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Negative to gap down opening is expected with possibility of profit booking at higher levels …nifty /market to be trade in pressure as 2 days up move was due to short covering only and there were no fresh longs initiated if market moves up means golden opportunity to initiate short …keep booking profits also to en-cash each swing of market move …
Trade in Nifty futures as per these levels
Buy at / above: 6226 Targets: 6239 – 6259 – 6277 – 6297
Stoploss : 6206
Sell at / below: 6206 Targets: 6183 – 6162 – 6143 – 6126-6091
Stoploss : 6226
Nifty bank nifty and natural gas trades …calls and charts are posted here http://dhanvarsha.in/nifty-bank-nifty-natural-gas-trades/
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bank nifty is trading at pivot and falling trend line ….crucial level either side break of 500 to 700 bn points within 10 days can not be ruled out
spinning top spotted at eod Nifty chart
