TRADING STRATEGY : WE ADVICE OUR TRADERS TO WAIT N WATCH UN TILL NIFTY SPOT TESTS 5452 FROM CURRENT LEVELS WHERE IT MIGHT FACE A RESISTANCE OR A BREAK OUT FROM 5452 WILL TAKE NIFTY TO 5489.50 (STRONG RESISTANCE & BEST SHORT LEVEL) WHERE TRADERS NEED TO TAKE A SELL CALL KEEPING IN MIND A TARGET OF 5331.65/5294.50..
***REVERSE TRADING LEVELS : SELLING STOP LOSS SHOULD BE KEPT[@ 5526.5] A BREAK OUT ABOVE THAT TRADERS ARE ADVISED TO REVERSE THEIR TRADE FOR A TARGET OF 5610/5646..
CMP-5408.70
| LONG TRADE | SHORT TRADE | |
| BEST BUY LEVEL | BEST SHORT LEVEL | |
| 5452.0 | 5489.50 | |
| BUY TARGETS | SHORT TARGETS | |
| T1 = 5610.10 | T1 = 5331.65 | |
| T2 = 5647.35 | | T2 = 5294.50 |