6304 Day Bear Stop Loss
6181 Week Trend Decider Level
6241 Day Bull Stop Loss
As given in the Pre-market as above Nifty Spot range was given as
6198 - 6235
and above 6235 Nifty was never comfortable and eventually tested the level as well (Low for the day 6234.15).
Now nifty is closing much below the significant Chinese Wall of Resistances between 6260-6270.
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Banknifty Spot [10898 - 10900 - 10922 - 10962]
11126 Week Trend Decider Level
11113 Day Bear Stop Loss
10930 Day Bull Stop Loss
As given in the Pre-market as above Banknifty Spot range was given as
10898 - 10962
and above 10962 Nifty was never comfortable and eventually tested the level as well (Low for the day 10922).
The F&O cues can give significant hint for trading the day and these rules have to be little flexible for Mondays and the next day to expiry for a Month.
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