NIFTY OPENED 4639 AND TRADED THE SESSION IN A NARROW RANGE OF 4649 AND 4602 FOR THE MOST PART OF THE DAY EXHIBITING SLIGHT WEAKNESS TOWARDS THE END TO MAKE A LOW OF 4575AND CLOSING AT 4580. THE MARKET IS LOOKING FOR A DIRECTION AND IS STUCK IN A VERY NARROW RANGE OF 4580-4730 AS SUGGESTED BY THE OPTION DATA (HIGH CALL WRITING BETWEEN 4600-4700).
OUR VIEW ON NIFTY IS NEUTRAL. THE MARKETS HAS TO GO BELOW 4500 TOWARDS 4350 OR GO ABOVE 4755 TOWARDS 5000.
FOR A RELIABLE, TRUSTWORTH AND ACCURATE TRADING CALLS VISIT www.aaksharstock.com AND REGISTER FOR A FREE TRIAL. OUR NIFTY TRADIG SYSTEM IS A POSIONAL BASED AND WE HAVE MAINTAINED TRADE BY TRADE PERFORMANCE FOR PAST 19 MONTHS. THE SYSTEM TRADES APPROX.7-8 TIMES PER MONTH ONLY, GIVING CONSISTENT PROFITS PER MONTH.
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