MoneyMunch.com

Last Analysis, ATR is till in its own range. Stoploss was triggered at 11585 and lost 35-45 points lost.

Nifty can open gap up 45-60 points up.

Profit booking expected 11724-11734 by Fund-Managers. Short seller and short term down trend direct will predict after 108 -ve points on the nifty only.

Gap up opening and selling pressure can be expected in 30mints of openning.

Trialing stoploss for short seller 11748 and 11777
targets can be 11510-11479

BUY put of Nifty Future 11700 bewteen 48 – 66,

Trade steps,

for example, if i want to trade 10-lots,

• first trade setup @ Rs.66 with 3 lots
• 2nd trade setup @ 52 with 4 lots
• last trade setup @44 with 3 lots

targets are 122 first and then 178-196