Nifty once again opened above prev day value area and scaled up higher on slow pace making an Open auction . Later it took support at 8195 key ref level and closed at higher point of the day near 8250. Value are completely developed higher for 3rd continuous session (Bullish continuation). Also an normal variation day.
On higher levels 8275 & 8333 VPOC are zone to watch out for . Lower side 8195 is a level to track. Being a expiry week one need to trade lightly here with lower risk. Till 8195 holds present bullishness here to stay for 8300 plus.
Happy trading !!
Jay
On higher levels 8275 & 8333 VPOC are zone to watch out for . Lower side 8195 is a level to track. Being a expiry week one need to trade lightly here with lower risk. Till 8195 holds present bullishness here to stay for 8300 plus.
Happy trading !!
Jay
Thank You Jay for update . :)
ReplyDelete