NIFTY futures, we have a gap opening here . not easy to play big gaps as risks on positions increase.
Will look for a pullback to 11430F and a hold there to test the zones and pullback from there.
Bears in total control if 11330-320F breaks down for a test of 11180F
Bullish only above hold of 11450F for 11520F or for pullbacks from opening lows for the test of 11390/11430f
Will look for a pullback to 11430F and a hold there to test the zones and pullback from there.
Bears in total control if 11330-320F breaks down for a test of 11180F
Bullish only above hold of 11450F for 11520F or for pullbacks from opening lows for the test of 11390/11430f
Comment:
Nice explanation from the inflection areas.
Comment:
What i meant was nice inflection from the marked zones. there were 3 opportunities at play
1.morning pullback from support areas.
2 Hold into 11430F for a break above to test 11500F
3. Break and hold below 11430F to test the support areas.
1.morning pullback from support areas.
2 Hold into 11430F for a break above to test 11500F
3. Break and hold below 11430F to test the support areas.