As I was repeatedly saying that nifty likely to be in a tight range in the near term, it’s holding the range. More supply is coming at the higher end of the band.
The call is only for the traders who are willing to take the risk.
Go short on Nifty (Aug series) at the 4540-4560 keeping the 4610 as stop loss targeting the
T1: 4470
T2: 4310 and
T3: 4225
According to your risk appetite you can keep the target.
With thanks
Be and make
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