According to the supply and demand zones next supply zone @ 10240-10300 and 10430-10530. On Monday if Nifty will manage to sustain above 10300 then it may test 10435 zone.
As I have mentioned in my previous Nifty post, I have a short position in 9700 and 10000 put and I am carrying this position.
I will update this post during the if I will take any Intraday or Position trade in Nifty. If you will like this post you will get the trade updates.
Thank x Trade Well
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Only carrying short position in 9700 and 9900 put which sold on Friday.. Today no fresh trade in Index ... witing for the right time and level...I will share index trade once take.
we cant imagine nifty to touch 12500 - 52 week high this month based on current situation.. As a investor i wont invest in any stock now... by the end of this month, we will see 9600 to 9000 range..
Swapilchoksi
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@iammahesh4, Yes I do agree with your point but we have to respect the trend. So once Nifty will give reversal trend then only think for short. As an investor, I am not ready to invest at this level but as a trade, I will be on the long side.