How to trade Nifty in Expiry Week
Last week we gave Trend Deciding level as 5806 Nifty
Nifty achieved all Weekly target on upside with a gain of 271 points.
September series has been quiet interesting with Nifty gaining 824
points or 10% in just 12 trading sessions. Both Fed and RBI surprised
the market leading to volatility in stock market. Next Week is September
Expiry which promises to be action packed week with bouts of volatility
required for Rollovers in Futures.
Lets analyze how to trade Nifty next week.
Nifty Hourly charts looks like a chart of an illiquid mid cap stock with so many gaps formed . Nifty is respecting its up trending trendline and 50HSMA,Any close below 5932 will lead to a fall till 5816 odd levels.
Nifty Gaps
For Nifty traders who follow..
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Lets analyze how to trade Nifty next week.
Nifty Hourly Chart
Nifty Hourly charts looks like a chart of an illiquid mid cap stock with so many gaps formed . Nifty is respecting its up trending trendline and 50HSMA,Any close below 5932 will lead to a fall till 5816 odd levels.
Nifty Gaps
For Nifty traders who follow..
posted by Bramesh at
11:15 AM
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