As per my reading of charts for next week i guess nifty may show some
correction at start of next week may be towards 6445-6425 range(may
come near 21ema in daily charts) and also possibly premium in futures
and call options will erode and then from there it may start another
upmove towards 6610 till next friday/monday
(buying 6400 calls near 6425ns will be a jackpot trade.
zero or hero trade:
buy 6500ce near 6425ns levels on tuesday (may get near 10 and trgts
can be 50-80-110)
6508-6515 is immediate resistance range
on monday any upmove towards 6515-08range can be shorted for trgts
near 6445 levels on monday and 6425 till tuesday
sl abv 6538ns
reverse trade if ns moves abv 6541ns levels with 6508 as sl
trgts 6590-6610
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