Monday, 4 September 2017

MARKET TREND 05.09.2017

Today the nifty drifted down in the afternoon as predicted in the post. Nifty and BNF slipped from critical level and closed 80 points negative over previous day.  

Nifty is still in buy mode and we can expect a positive trend till 10080/10110

Nifty likely open flat to mild positive tomorrow and there could be a sudden pull back to higher level by afternoon. That move  will be very swift and wipe off all shorts.

One must exercise care tomorrow and should not short the market.  

Nifty Resistance 9960/10002/10020/10050.  Support 9909/9875/9735.

Buy 10100 CE for good returns!

Happy Trading!

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