Above is Daily Chart of Nifty Future ,In Just 8 sessions from low of 5480 flared to kiss 5843 level !!
Rally upto 5861-5893 is possible.And our Strategy was Sell between 5850-5870 and stoploss will be 5893 on closing basis.
-Gap to be filled at 5880 level-
Falling Trendline —Hurdle at 5870 ,Gap @ 5880………………..and Our LAXMAN REKHA @ 5893.
Between 5850————–5880,Go short in Nifty Future (First Sell call since made low of 5480 )
Stoploss will be 5893 on closing basis.
Bollinger Band indicating to have a cautious approach.
3DEMA @ 5777 ,7DEMA @ 5707 level.
Once it will take Reversal from Upperside then 101% will Update more to our Subscribers.
