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NIFTY INTRADAY LEVELS FOR 29th OCT


Nifty fut shows a tgt of 2870 crossing 2745. I think nifty may soon see 2870, but if it will cross of not - i have no idea on that.one thing for sure,

i will try some shorts when nifty is close to 2870 with a sl above it, as this major upmove will be too for a bear market to handle.

not able to close above 2870 , it may again resume its downward journey in next few sessions.for intraday, 2745 will be an imp level to watch.

if we get a big gap up, there could be heavy shorts roll over, so avoid longs in a big gap up.also being the expiry day, we will see high volatility for sure.