Thursday, December 30, 2010

Nifty Trade as per Volume Profile

As per 5 day Volume profile strong suport lies @ 5995.

But Nf is at a crucial resistence point of 6090.
From opening future remain above VAH.
But I take a contrarian call & shorted NS @ 6080 level.
As today is expiry we may see 2 side drama today.

I hold shorts for a Target of 6045.
& try to go long at that level for nxt series.

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