Yesterday Nifty Future stock made a high level of Rs.5333.7 and low level of Rs.5270.1. But it closed at Rs.5315.5 in loss of -1.35 rupees only.
That means, it made an Evening Doji Star. This pattern indicates next day downtrend. Remember, we don’t recommend to buy or sell by technical analysis only. According to a secret source, the downtrend’s confirmed for today.
Sell the nifty future stock in the range of Rs.5315-5320. Put a stop loss level at 5334.
Target: 5272 – 5258