F&O Calls for 24th June

The market has been jumping around the 11690 levels (Daily Pivot for the month of June) and also around the 50 EMA on daily charts.


Sell Nifty futures if Nifty falls below 11652 levels. That would be around the 11665 levels in the Nifty futures.

On the hourly charts the Nifty seems to be having a tough time crossing the 11750 levels. So today if the prices reach 11750, then it is a good time to short.

There is nothing in the news that may make the market go up. This series the Nifty may trade at 11650 to 11800 levels. If 11650 is broken then Nifty can be very weak.

All future calls depend on how positive the budget will be.

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