Short Trade: Intraday Short Nifty Future as per spot levels

Short Trade: Intraday Short Nifty Future as per spot levels

Spot Cmp: 7815

Stoploss crossover 7825 Nifty Spot / High Risk tarder keep sl crossover 7845 Nifty Spot

Target : 7780-7770 / 7740-7720

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UPDATE
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carry Nifty Future Short As STBT
Stoploss Crossover 7845 (Nifty Spot)
Target 7720-7740 (Nifty Spot) 

Nifty Spot Update for May 10, 2016 & Long / Short Levels

Nifty Spot has witness profit book @ zone of 7870-7890 since last 2 days.

With current scenario bulls look tried, however bear have also not gained any strength in market

Bulls will be active / fresh long is only advised once Nifty spot crossover and sustain above 7905.

High Risk Trader Short Nifty Future or Buy 7800 / 7700 puts Once Nifty spot break & sustain below 7870
For 7830-7810 / 7780-7770 / 7730-7680

Reverse position or Go Long on Nifty Future or Buy 8000 / 8100 calls if Nifty spot sustain above 7905
For 7970-7980 / 8010-8030

Note: As per Monthly Charts if recent low of 6825 on Nifty Spot hold then My Target for Nifty spot is 8600-8800 Till November 2016

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Update 1
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Market open gap down and recovered well at yesterday close. Nifty Spot again trading @ profit booking zone 7870-7890

Bulls be cautious fresh buying / long only once nifty spot crossover and sustain above 7905 or one can even buy 8000 / 8100 calls.

High Risk short Nifty Future as per nifty spot levels
CMP 7890
Stoploss & Reverse to Long once Nifty Spot Sustain Above 7905.

Safe Trade Short Nifty Future or buy 7800/ 7700 / 7600 puts once nifty spot break & trade below 7870.

Short & Long target as given before ... Use same levels 👍🏻

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Update 2
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*Cautious* If today closing on nifty spot will be below or near day low of 7780

It will be the indication that bulls are fully tried and bear has gained strength over the market and nifty spot will be heading for Gap 2 & Gap3

Last Saturday Mock Trading Low 🤔🤔

Market Update - Nifty Spot Levels -

Nifty Spot opened up well above the bullish level 7760 at approx 7772 and made a high of 7833 on nifty spot

Now if Nifty Spot sustain below 7810 then MKT will witness selling pressure and try to rest test 7770-7760 & 7730-7710 on Nifty Spot.

Mkt may witness profit booking around 7870-7890.

Next round of fresh buying will only emerge once Nifty Spot Sustain Above 7905.

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Update - 1
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⁠⁠⁠Nifty Spot currently trading at profit booking zone of 7870-7890

No fresh long advised at these levels, better to book long and stay lite. The one who wish to carry long stay fully hedged.

Fresh buying advisable only once Nifty spot crossover 7905.

On downside if profit booking comes then nifty spot likely to take support BTW 7820-7810

If Nifty spot break and sustain below 7810 then one can create fresh short position as mkt will test 7770-7760 & 7710-7680 on nifty spot.

Buy Nifty Future as per below spot levels or 7900 calls

Buy Nifty Future as per below spot levels or 7900 calls

Nifty Spot CMP -  7785-7790
TARGET - 7840-7850 / 7870-7890

Stoploss break & sustain below 7770 Nifty spot ...

👆🏻👆🏻👆🏻👆🏻👆🏻👆🏻
All above nifty spot levels

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Update - 1
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Selling Nifty Future only once Nifty spot break and sustain below 7770
One can even buy 7700 / 7600 puts

Nifty spot target on downside below 7770

Tgt 7710-7680 / 7640-7630