Nifty Fut will be weak below 4478 fut, can fall to 4430-4407 fut
4478 fut will be a big resistence for the day, and if crosses, longs can be taken for intraday for the tgt of 4515 whr it will face upper trendline resistence.
For strength in near term nifty shud close above 4478.
NIFTY INTRADAY LEVELS FOR 9TH SEPT
for today, nifty after running so hard, may show some weakness.
however shorts shud be taken or held only whn nifty is trading below 4558 fut
below 4523, nifty is definately weak, and will tgt atleast 4478.
so overall, its a day to short at everyrise, and try and trail with SL rather than booking small profits.
i definately expect 4478 atleast for the day.
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