As explained yesterday Nifty if Nifty not sustained above 18000, then more lower side expected,
Monday would be make or break session for Nifty and Banknifty too, Because, IT is not supporting and here festival season starting, So,
If Nifty start trading below today's low on Monday, We can short Nifty for the target of 17500, 17440 & 17271 in near future. One should be known, Nifty 100 DEMA is at 16875, Stop loss would be 17950, Now Nifty can get positive sentiment only above 18000 level, till then 17000-18000 would be a broader range.
Happy Trading and Happy Diwali to all of you...
Monday would be make or break session for Nifty and Banknifty too, Because, IT is not supporting and here festival season starting, So,
If Nifty start trading below today's low on Monday, We can short Nifty for the target of 17500, 17440 & 17271 in near future. One should be known, Nifty 100 DEMA is at 16875, Stop loss would be 17950, Now Nifty can get positive sentiment only above 18000 level, till then 17000-18000 would be a broader range.
Happy Trading and Happy Diwali to all of you...
