Huge gap up open on result day …shooting star , doji and spinning top at eod nifty chart making somewhat tristar type pattern if it is true and will work nifty may trade at 6663 6700 if channel break out will be there then nf may trade at 7500 7600 level ..possibilities 80 % favouring for healthy correction from 7200 but 20 % chances of up blast can not be rule out..
Trade in NF as per these levels
Buy at / above: 7203 Targets: 7221 – 7242 – 7263- 7285
Stoploss : 7182
Sell at / below: 7182 Targets: 7164 – 7143 – 7122.- 7101
Stoploss : 7203
Election results day modi day so volatility will be at peak …trade with stoploss …trade according to direction of move and book gains if you feel your trade may reverse …
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Highest call buildup is at 7200 so we feel big players will not allow Nifty to expire above 7250 …Other way is they will move up also at any cost as FIIs were
continuously pouring $$$ so atleast 7300 7350 will be seen by today or on Monday …But surprises are always waiting ahead in markets so best way is piche piche chalo …aaj ke lie buy on dips ….if sustaining above 7180 :)
Huge gap up open on result day
