Long white day candle was formed where the price is up by crossing the previous 3 days of the candle.
Control Price (ii) which is spot nifty target (11540) and resistance nearby it. Notice, many times “control price (ii)” shown its strength.
The possibility of Profit booking can be 11525-11580.
Spot nifty, 11274 closed + 150 = expected openning 11424 nearby.
Below given to subscribers also. sent time : 9:27 AM
Short NIFTY future sept. in two steps
Trade 1) short nifty future sept at 11538
Trade 2) short sell at 11572
Protective stop will update if cross 11585 above.
Target 11425-11356 intraday
Updated 24th Sept. 2019 (10:54 AM)
Nifty is gravitating above the control price(ii) 11575. Yesterday we have taken a short position in two. Nifty future sept was started falling after the short call and made low of 11411 (target was missed 11425) after it made high of 11627.
Intraday support for NIFTY sept 11550 and resistance 11635-45.
Breaking this range will create a new move.