Today was F&O settlement, It was a firm close to the September series for our market. The market opened negative and continued to trend downwards following a sell-off in oil & gas, realty, auto, capital goods which dragged the Sensex and the Nifty below 20000 and 6000, respectively. However, a late surge in trade with buying in banks, metals, FMCG pushed the indices higher for a firm close. Sensex close at 20069, up 112 points and Nifty at 6029, up 38 points from the previous close.
As told we see Nifty in range bound till it crosses 6108-22 coming session, till than for this expiry we may aspect nifty to close around 6000 level. Actual spot Nifty close at 6029 level.
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"NiftyPackOct" Your Name and City
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Given Todays PreMarket Trade:
Uptrend
If opens flat (Nifty open Flat at 5999)
Buy around 5998 with StopLoss 5982 (SL HIT) 16 points
Downtrend
Sell only below 5974 with StopLoss 5996 (SL HIT) 22 points
Given Todays Live Trade:
Buy at 5978 with StopLoss 5958
Target 6030 (ACHIEVED) 52 points
Nifty Future September Close at 6030
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