Trading nifty with clearmind

#35
today;s outlook

today is expiry and nifty will be opening gap down around 6050 spot

as said yesterday,6130 was a good support and nifty closed below it

6050 is a minor support and it will open around this level and it will be interested to see
wether this level holds or not
next major support is at 5970
because of expiry today and the OI data of yesterday suggest the expiry above 6100
and also FEB series OI data suggest a good support at 6000,so we may see a rally to 6100,after a gap down opening
so 6000 should be a good level to go long for today

and a swing short position can be taken around 6100
 

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