Wednesday, 28 September 2016

NIFTY VIEW ON EXPIRY DAY

EXPIRY DAY :

8700  CE -  64  AND 8700 PE - 9   ,  SO  8764  AND 8691 will be the range for tomorrow,

If market opens gap up above 8764 (spot) which is unlikely as of now, if it happens, then we will go long with out any doubt and look for the target around 8840.....

If market opens gap down below 8691, then it is short call,  we have to short the market with stop loss around 8767....    and  target will be around 8640...

If market opens flat and there is  no direction in the first 5 minutes, let us take rest and wait for the upper range or lower range to take decision...


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