Intraday LEVELS Plotted in CHART. NIFTY: Candle Pattern Confusing (LH & HL) Indicators & Oscillators also MIXED in character. Though MACD, RSI & Some other indicators & Oscillators till now in BUY Zone, TREND: UP, Bias: FLAT to -VE Expected Trading Range: 49 to 69 Point , Extended to 87 point.
VIEW: NEUTRAL (LONG in Lower Level) / SHORT in Higher Level. (as mentioned in Chart / Description)
Summery of Today's Trade: (SnapShot End of Description) AS MENTIONED EARLY POST, " NIFTY: Candle Pattern Generate MIX Signal." Today NIFTY Range was too Small JUST 36.50 POINT. #1. OPEN Upper Band of HZ #1, But Can't Sustain #2. TEST Crucial Level 9792 Strongly, before EU market Opens. #3. Made HIGH at 9824.45, Just In line of Upper Band Of HZ #1. #4. Closed @ 9816.15 in line of HZ #1 (LOWER BAND)
Tomorrows Trade For FnO Traders: LONG if Stay Above @ 9838 for 15 Min / Crossed @ 9844.
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