NIFTY will open gap up, and can hit 3974.
now if trades above this level, nifty can go on to hit 4080 levels, but if nifty is not sustaining above 3974, it can fall to 3924-3908 for the day.
it will be difficult to trade long after the gap up, as SL will be very deep.
a safe trade would be, on opening if nifty doesnt cross 3974, one can short with 3980 sl for 30-40 points.
for longs - buy above 3974, sl 3950 tgt 4024 for the day.
