The day traders may go long in Nifty futures if the spot Nifty trades above 8374 to book profit when the spot Nifty trades at 8415, which continues to be a resistance. On the other hand they may short the Nifty futures if the spot Nifty trades below 8355 to cover their shorts when the Nifty trades at 8325.
Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.
Bears to go away as Bulls are here to stay; SGX Nifty up 14 pts;capitalstars
ReplyDelete