1. Nifty may open with a huge gap up of 90 points in this session. SGX Nifty is trading above 8200 levels.
2. Intraday traders must NOT hop to build a position. Wait till Nifty withstand above 8200 levels.
3. Resistance Levels in Nifty R1- 8230, R2-8260.
Support Levels in Nifty S1-8150 S2- 8120
4. The session may remain highly volatile. Low risk traders may decide to stay away.
5. Intraday position shall not be carried overnight, even if Nifty surpasses mentioned resistance Levels
Trade with caution.