I said "nifty will add few more points ...again one should think to go short @ 3400/3420 level..( Thinking that you might have covered all shorts@ 3310 on THURSDAY...SO TODAY'S SHORT WILL BE FRESH)........ resistance @ 3400/3420/3450...support @ 3340/3305/3285/3210. I think @ opening there willbe strong picture....but find weakness @ those level and creat 50% short ..If again there is volatility like Thursday you may enter and renter...For positional short..??? wait for another day I think.... "
...seeon Monday open @ 3388 and turned there...taken support @3337......then rallied up to 3417..and sell of in last half an hour...as volatility was ther so there was enter/renter opportunity...again it was in prescribed level....Monday was second day which shown that nifty is not sustaing above 3400...but sensex has got close above 10945..that is positive sign only...
...seeon Monday open @ 3388 and turned there...taken support @3337......then rallied up to 3417..and sell of in last half an hour...as volatility was ther so there was enter/renter opportunity...again it was in prescribed level....Monday was second day which shown that nifty is not sustaing above 3400...but sensex has got close above 10945..that is positive sign only...
...So today..???again same story????..Today it seems that opening will be with flat to negative bias...resistance @ 3400/3420/3445..support@ 3340/3295/3255...Today again go short @ opening if nifty didn't cross 3390 ( you can ignore this 3390 factor) with sl 3420if 3340 breaks then carry short as a positional for tgt of 3295/3255 in 1/2 session.....for intra keep watch on 3340 for covering shorts..if didn't sustain above 3340 expect more gains in short...
Now "long only above 3445" this must be strict strategy.......good luck...!
