NIFTY FUTURES

NIFTY FUTURE

Last close 11282.30

We clearly wrote yesterday to sell Nifty future……!!!!
The index formed a Evening Star Pattern on the daily chart, which indicates continuity of some more in the days ahead.  The Evening Star Pattern is viewed as a bearish reversal pattern, that usually occurs at the top of an uptrend.
Now for today trading….One can remain short keeping stop loss of 11344 for a lower target of Rs.11225, break below will take this to 11189. If comes around 11189 then we would consider as a healthy correction..!!! Gap fill karna hey….!!!!!