Today's market has performed a perfect choppy trading with a series of short crest and troughs. The starting from 7950 to 8030 has made the Nifty to stops for a while and made it to tumble with a side way movement through out the session.
The Nifty has a support level at 7985 and a mile resistance at 8055 between these two levels the Nifty has performed with a volatile move with small gap at periodic intervals.
Todays market witnessed that low momentum and low volume which gave a a minor profits of about 8 to 15 points so this kind of market does not allow the traders to make a linear trade. It is a lesson for traders not to stand for a linear trade instead the traders can perform micro trades at multiple times.
Hint for tomorrow's trade.
Try to trade with the Nifty couple of 8100CE+7900PE
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