Nifty range 7000-7500 for expiry week…7400 and 7500 levels having highest calloptions buildups and highest put buildup is at 7000 means traders and market players are trading with cautious view and market may settle anywhere between 7000 to 7500 as per Fridays eod Option data .
Nifty shown upside breakout on Friday after 4 days consolidation . Positive to gap up opening is expected with increased volatility .
Trade in Nf as per these levels
Buy at / above: 7417 Targets: 7435 – 7456 – 7478 – 7500
Stoploss : 7396
Sell at / below: 7396 Targets: 7378 – 7356 – 7335 – 7313
Stoploss : 7417
Nifty range 7000-7500 for expiry week
