2 back to back marubozu. island reversal setup very strong support zone at 11550-11560 if that goes, nifty should fill gap. trading plan- plan 1- as we can see 11560-11550 zone is imp support, we can see a bounce . any bounce towards 11700 shall be used to short nifty sl 11725. plan 2- one can wait for nifty to come near 11560 and can go long with 11540 sl for a small bounce till 11600 higher chances r of a crack, maybe after a bounce stay connected here, i will be posting live market update .
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gave a good shorting opportunity once 11550 breaks we will see fast down move
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buy abive 11645 with 11610 loss
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going to short nifty with 11650 sl
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* there has been typing error in chart *10650 its 11650