TRADING STRATEGY (for 9TH SEPTEMBER)
Dear friends,
Yesterday in pre-market hours written ¬-- N.Futures would touch 4850 after 4823
Almost traveled (kissed 4845) and a cool off (consolidation) started then ..
Trading plan in NIFTY FUTURES for Wednesday
Friends want to trade in Nifty Futures should always be cautious about the movement in SPOT
Many fake break-outs may occur in Futures in which many get trapped
NIFTY SPOT PIVOT LEVELS
PIVOT POINT – 4810
SUPPORTS
S1 – 4778 S2 – 4750.5 S3 – 4718
RESISTANCES
R1 – 4837.5 R2 – 4869.6 R3 – 4897
4751 act as a good support today
TWO CONSECUTIVE CLOSES ABOVE 4760 HAPPENED
NOW NIFTY READY FOR A RALLY TOWARDS 5000
BUT EVEN DAY TRADERS BOOK YOUR PROFIT THEN & THEN ..
GANN’S WARNING IS STILL THERE FOR LONG TERM INVESTORS
WARNING : Market anytime would crash up to 500-750 points or more. Long Term Investors PLS. STAY AWAY & wait for the correction
ALL THE BEST GUYS
DISCLAIMER: Trade at your own risk
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