Last two day's were as expected....dont know you all have cashed it or not......the positional short call given on tuesday got done with exact tgt.....for last two days strategy was same as told in last post so not updated every day ........For today.......3615 is very important point to watch.....but looking at global cues it seems we will open with gap up......the chart i have put here today speaks the strategy for next few session itself...........3750 is major resistance ......and 3615 major support........broader way.....so sell on rise and buy on dip........with appropriate sl...
For today....if open gap up and nifty is near 3680 go 50% short there with sl 3695........if 3695 cross go long for tgt of 3740/3755.......and @ 3720/3730 go 100% short for tgt of 3650/3615/3580...with sl closing basis 3755...if flat opening and near to y'day's low go long with sl 3615........
today's support...3615/3580/3545....resistance 3680/3695/3720/3755.....
good luck...!
