Nifty took resistance@ the first level and fell drastically from 7979. A huge profit of more than 400 points in short trade.
Tomorrow an important & strong pressure date. Tomorrow time & price may get squared with each other by degree. Also 8th Jan2016 is an important anniversary date.
Buy Nifty near 7550-40 rage with stoploss of only 10 points and if this stoploss is triggered then take another chance to buy Nifty near 7475-70 with stoploss @ 7450.
A close below 7450 would bring more danger for Nifty, but don't short NIfty @ lower levels.
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Tomorrow an important & strong pressure date. Tomorrow time & price may get squared with each other by degree. Also 8th Jan2016 is an important anniversary date.
Buy Nifty near 7550-40 rage with stoploss of only 10 points and if this stoploss is triggered then take another chance to buy Nifty near 7475-70 with stoploss @ 7450.
A close below 7450 would bring more danger for Nifty, but don't short NIfty @ lower levels.
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