Nifty took support around 61.8% retracement of last friday's trading range. If the price opens within today's trading range on 16th June, and upward movement continues , one can go long above today's high for targets 10153/ 10284....if price opens gap up, short nifty at Sell levels shown with their respective targets.
If Nifty is continuing downward trend or opening gap down, one can wait for price to touch buy level for the targets shown...Maintain decent SL...if SL hits, wait for same entry levels to trigger again.
Since today was a low volatile, huge movement can be seen tomorrow and Nifty may touch either of the buy or sell triggers by noon..
If Nifty is continuing downward trend or opening gap down, one can wait for price to touch buy level for the targets shown...Maintain decent SL...if SL hits, wait for same entry levels to trigger again.
Since today was a low volatile, huge movement can be seen tomorrow and Nifty may touch either of the buy or sell triggers by noon..
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