Yesterday Nifty Future had Neutral Extreme day.
Where there was Range extension on Both sides of Initial Balance.
# Things to watch today if there is continuation to that. or it Opens Back inside Range.
# Imp Ref Points 6052 , if opens above that with +ve bias , i will Try longs for 6072-77.
# Continuation of Yesterdays down move can take us to 6013.
# Failed auction @ 6013 on 25th Jan, Today being third day, watch that out.
Where there was Range extension on Both sides of Initial Balance.
# Things to watch today if there is continuation to that. or it Opens Back inside Range.
# Imp Ref Points 6052 , if opens above that with +ve bias , i will Try longs for 6072-77.
# Continuation of Yesterdays down move can take us to 6013.
# Failed auction @ 6013 on 25th Jan, Today being third day, watch that out.
Im long in NF and Short in TataMotors
ReplyDeleteVandana,
ReplyDeleteGM. I am hopeful of FA at yesterday's high @6110 to get confirmed on expiry day. This is just a bias and have not put any money on this yet..
GM Girish,
DeleteI don't think yesterday there was FA.
As IB was first got RE on downside n later on upside, making it Neutral day. Hope this Helps.
Thanks for the clarification.
DeleteBooked Profit in TataMotors +2 points,
ReplyDeleteNF holding long, but if it doesn't move in desired direction, may scratch out.
looks probe on for 6093 .. cmp 6060 !! #nf
ReplyDeleteOkey Jay..i went out after morning trades, so delay to reply.
DeleteThat was my view too, but so far its unable to cross 6072.