Closing Range - 19677/19910. Extended range 1 -19592/19995, Extended range 2 -19477/20110
Nifty closed in green & formed a Bullish Kicker with very high volumes. It also managed to close above the imp level of 19875 & re-enter the uptrending channel again. India Vix rose 7.5% indicating high volatility, which is expected ahead of monthly expiry and exit poll on Thursday.
Posible trade: Trade with posiive bias. Level based trading can reward well.
P.S. - 0.5%-1% return on capital can be considered good in intraday. Trade with strict SL within the ranges mentioned above.
Nifty closed in green & formed a Bullish Kicker with very high volumes. It also managed to close above the imp level of 19875 & re-enter the uptrending channel again. India Vix rose 7.5% indicating high volatility, which is expected ahead of monthly expiry and exit poll on Thursday.
Posible trade: Trade with posiive bias. Level based trading can reward well.
P.S. - 0.5%-1% return on capital can be considered good in intraday. Trade with strict SL within the ranges mentioned above.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.