What the
Nifty has done today:
Yesterday post Market update was about the correction at Thursday.
And market went with the calculation.
There was a gap-down opening of 95 points.
As today was derivative expiry, market was choppy.
What We
Have Done Today:
Today updated our Clients to Short NF @11563, Nifty Future made
high 11578 and start to fall.
Book profit at 11496.
11563 – 11496 =
+67 points (intraday)
Positional
traders are holding short position at Nifty Future.
Nifty
Future Tomorrow:
Vital support of the day is 11442 or 11418.
If Nifty Future take bounce back from this level, then the index
may run to more 400 points at coming days.
