Nifty fut opened above value area high had open test drive up which is bullish continuation of prev day development. Price scaled to 8475 CLVN zone met with responsive selling . Normal variation day with value area completely developed higher. We have a anomaly at 8395 zone .
Trend is bullish here. 8415 & 8455/8475 Key ref levels to watch out. We have 8330 nearest VPOC & 8240 placed on downside. Also a Failed auction at 8192 zone. One need to tighten the tsl for existing longs & Fresh longs need to be avoided at higher levels.
Happy trading !
Jay
Trend is bullish here. 8415 & 8455/8475 Key ref levels to watch out. We have 8330 nearest VPOC & 8240 placed on downside. Also a Failed auction at 8192 zone. One need to tighten the tsl for existing longs & Fresh longs need to be avoided at higher levels.
Jay
Thank You Jay for the post..
ReplyDeleteEveryday nifty market changes and if you are not aware of this changes then you should not invest. To earn well with less chances of risk you need to keep yourself updated with the market performance. Commodity tips
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