TRADING STRATEGY (for 22nd SEPTEMBER)
PIVOT POINT (NIFTY SPOT) – 4963
SUPPORTS
S1 – 4945 S2 – 4914 S3 – 4896
[REMEMBER 4940 ACT AS A NORMAL SUPPORT TODAY]
Short N.futures Below 4945 (T- 4910) if and only if the cut happens after 10:30 a.m
Grab it above 5015 (T- 5050) if there is a decisive crossover with good volumes
If Nifty finds its resistance @ 5012 & trades below 4990 till 11 a.m then watch it up to 4950
RESISTANCES
R1 – 4994 R2 – 5012 R3 – 5042
Strong Support @ 4890
WARNING: NIFTY in OCT & NOV would crash up to 800-900 points Long Term Investors PLS. STAY AWAY & wait for the correction & OPTION Players avoid taking positions in CALL after 1st week of OCT
ALL THE BEST GUYS
DISCLAIMER: Trade at your own risk
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