Eod nifty traded making lower high and higher low , ended making spinning top showing in-decision, bucking of trend ,consolidation …traded below previous close entireday and settled just 2 points down .
bank nifty also ended making spinning top if 1 more same closing will be there within 1 week 4 to 5 % correction won’t be ruled out in bank nifty and nifty. therefore we are advising to trade wisely ..seeing intra trades moves and positional traders are advised to accumulate short positions with stop losses as per their risk .Bank nifty trading at crucial levels …and being ready for a big move direction either side.. charts are supporting bears but markets are over and above everyone .
For intra day real time support and calls stay at chat room Dhanvarsha http://dhanvarsha.in/chatroom/
Flat to positive opening is expected with choppy session ahead as decay in options is very fast and market participants are initiating their option positions keeping expiry level in mind … continue decrease in open interest in third session is indicating that fresh long buildup at and above 6150 was not there .. traders /big players closing their long positions so open interest is decreasing day by day and smart traders initiating positional shorts for Nov contracts at 6275 6300 levels .
Trade in Nifty futures as per these levels
Buy at / above: 6246 Targets: 6259 – 6277 – 6297 – 6317
Stoploss : 6227
Sell at / below: 6227 Targets: 6209 – 6186 – 6165 – 6145
Stoploss : 6246
Do u want to join Dhanvarsha premium group for life time at free ??? if Yes… contact admin after market hours at 09451659275 ..or mail at kailash123p@yahoo.co.in
Eod nifty traded making lower high / higher low
