Friday, December 13, 2013

Observation

Market will do things at it's own pace and wish. We can see an upmove is coming, whether today or on Monday is the question. Nifty future has less chance to sustain below 6200. Positional Longs safe. With the kind of open interest Nifty has developed, the  range may remain 6200-6400 for Nifty Future.  For bigger trending moves we need reduction of open interest considerably.

No comments:

Post a Comment