Review of Nifty Fut cmp 16263

​NF initially low 16251.60 then within 1st hour High 16325 then profit taking Low 16181.80 & now bouncing high 16276~.

•    Initial Buy call above 16252 executed. Major Tgt 16333 almost met.
•    Then Sell call executed as failing to cross 16333 & lower Tgt 16220 & even 16190 met.
•    Then Buy on dips also executed near 16190 as low was 16181 & then another 100 points rallied. High 16275.90.

Remark:- Today another Doji formation with lowr top lower bottom formation but Nifty has taken support before 23.60% retracement level 16155 mark. So current range in between 16150 to 16350.
Fresh directional move beyond that either side.

Source : Eureka

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