Most punters seeing 3900 now.
4030-3% = 3910 area. If we gap down to the first target zone? what comes next??
:)
The real miracle would be if we hold 3975-3987
Not gonna count on it.
only trade bullish above 4030 with a stop under 4020 or trade bullish near 3915 with a stop below 3900.
Prediction is fine but try to follow a profitable system. Currently nifty is in sell mode as per automated system
http://niftytraders.blogspot.com
we're looking to buy if it gives us a buy setup within the rising eod channel.
Shorts are interested below 4030 but if we open gap down it would be a tough place to short nifty which will probably be at a discount, random counters might give short trades for intraday.
The previous buy setups posted allow for profitable long trades above 4030.
That is also a system which is backtested to be profitable as long as one books profits partial/full profit at t2/t3 and books partial/full losses at sl1/sl2.
If you wish to learn about trading systems or purchase one of my systems
contact me : niftytradersinc@yahoo.com
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