Nifty weekly in buy mode above 5855
Nifty Daily in buy mode above 5874
Hold your long if 5855 is protected.
Otherwise Go short @5855 with stoploss 20 points .
Other activities show up move ahead
Bull =>Nifty Open Interest for April stands at 2,31,91,800 down by 3,83,100 with increase in price
Bull =>call unwinding seen at 5200 to 5900 CE
Bull=> put writing Seen at 5600 to 6000 PE
At 6000 Heavy call writing have been already done => strong resistance
If intensity of Open interest have to be compared ,5800 PE ,5900 PE have already won the battle => bullish
Nifty likely to move between 5900 to 5980 in coming days ,Strong resistance is placed at 6000.
Nifty Conservative trading method (Swing)
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Hold long if 5855 is protected.
Other wise iniate short 5855 with stoploss 12 points.
Nifty Aggresive Trading Method
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Min 5808
Max 5960
Volatility 76
SHORT @5802 STOPLOSS 12 points
LONG @5881 STOPLOSS 12 points
Nifty SAR Trading Method (Swing)
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SAR 5819
LONG above 5819
SHORT below 5819
STOPLOSS OF 12 points only.
Nifty Hawala Trading Method (Swing)
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SAR 5833
LONG above 5833
SHORT below 5833
STOPLOSS OF 12 points only.
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