Wednesday, 3 May 2017

Nifty Future Range


As you can see on the chart Nifty is stuck in a 90 point range since April 26th.  Trading within this narrow range is very difficult.  Today was no exception.  Today it traded again in a narrow range and that too within this 90 point narrow range.

A good trade setup would emerge only at extremes of this range 9370 - 9280.

2 comments:

  1. It looks like tomorrow morning we may have good setup to trade...Poised nicely to make a move..

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  2. Chirag

    Only good setup is at the range extreme. Whether it breaks it out or fails to break, both can be traded.

    URD

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