Nifty 50 Futures Analysis
Immediate trend is up till 18250 is broken, will be looking to buy around 18350, 18400.
Below 18250 will be looking to short till 18100 which is a buying zone now.
For past many days initial buying is overtaken by selling in first hour itself and then buying comes at lower levels. Lets see if this pattern changes or not, watch first hour... if strength in up persists we will have a trending day closing at high, else buying then selling then some buying again in afternoon, short targets.
Below 18250 will be looking to short till 18100 which is a buying zone now.
For past many days initial buying is overtaken by selling in first hour itself and then buying comes at lower levels. Lets see if this pattern changes or not, watch first hour... if strength in up persists we will have a trending day closing at high, else buying then selling then some buying again in afternoon, short targets.
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