There is High probability that Nifty may open Gap up at 18400-18440.
But Gap up will not sustain and we will see streight 100-150 points fall intraday.
Till 18300-18250.
My logic is simple Nifty has moved very up from its Moving Average.
Moving Average will pull Nifty back down little bit.
One can consider short intraday position in Nifty on monday.
But Gap up will not sustain and we will see streight 100-150 points fall intraday.
Till 18300-18250.
My logic is simple Nifty has moved very up from its Moving Average.
Moving Average will pull Nifty back down little bit.
One can consider short intraday position in Nifty on monday.