We are seeing fresh high now days. In this situation, best way to trade in direction and intraday trading. Without confirmation of downtrend, Short selling and put is not good for trading.
Nifty opened with gap up and moving up. We have clearly found resistance for intraday 11772-84 and support will 11721-11709 intraday. Suppose not break 11800 and trade below 11780 for first hours, expected selling. Nifty will weak below 11700.
You will get soon clear direction for Nifty future with chart.
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.