Technical problem in NSE create some confusion in the morning, but market have no confusion, It wants to go up.
9920 - Nifty will touch somewhere in the middle of the week.
Fresh longs will not favor risk-reward ratio as this point of time, when nifty touches around 9920 levels I prefer to exit all weekly and monthly longs and I will await for new lower level entry. I don't prefer shorting at this point of time since there is no setup signs any correction/sell-off.
Bank Nifty today's high 23950 -24060 levels will act as resistance for this week .
I prefer to trade Intra-day in index, Nifty as well as Bank nifty with 30 points and 60 points stop/profit.
Zen Trading
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