A step ahead

The upward journey continuous nonstop. Even the step is small, these are all crucial points. But always have an eye on RSI every day...after touching 5047 (Nifty future) the market corrected a bit, which shows the resistance at that point. Same way when market touched the Day high, Reliance was on the opposite side, making new lows for the day.

This uneven behavior of some largecap stocks maked index trading a bit tougher.. So intraday traders, particularly F&O traders always rush for quick profit.

Levels for the day:(Nifty Future)

4924 - 4959 - 4974 - 5024 - 5047 - 5068

Open call :

Short Nifty @ open, SL 5068 ... Tgt for the above mentioned levels. Take this short call only if Nifty Future trades below 5047 during opeing bell.

All above given levels are only Nifty September future levels.