Nifty started with gap down recovered fully in 6 minutes and slowly moved to deep red zone and at last minute panic selling also spotted ..again expecting gap down opening with confusing mood …bole to kuch bhi ho sakta hai ..
closed out side of channel and below 50 dma
alarm for bulls if action not started today then wo din door nahin jab ns 7100 par trade karega
range bound trades recovery or more selling so be ready for all situations and we will try to pick up nice trades seeing market moves .
Trade in NF as per these levels
Buy at / above: 7898 Targets: 7917 – 7939 – 7961 – 7983-8010
Stoploss : 7876
Sell at / below: 7876 Targets: 7858 – 7836 – 7814 – 7791-7755
Stoploss : 7898
Stop loss order is quite necessary to protect your account from unexpected moves and big losses …plan your stop loss on possible turning points supports resistances according to chart patterns .
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Nifty started with gap down
