every high is being shorted, and this will be the trend, for another few months to come.
with just 3 sessions for expiry, it is again gonna be volatile, but intraday traders can make a lot of money if they are able to trade the correct levels.
nifty will open flat and move to 4287 to 4307.
now if 4307, is not crossed, downside can be huge and nifty can see around 4220-4190 today.
on crossing 4307, nifty will see some covering, and can hit 4326-4354.
i personally feel, tht nifty can see smoe short covering till 4354 levels, however i m sure tht big guys will short every resistence, so my advise is trade with strict SL, and keep booking small profits.
FOR POSITIONAL TRADERS, NIFTY IS A SHORT CLOSE TO 4400 FOR TGT OF 4102, TO SEE WHERE I GOT 4102, U CAN REFER TO THE CHART. NIFTY MIGHT NOT CROSS 4400 FOR SOMETIME.
