F&O CALLS FOR 7TH JUNE 2019

Yesterday saw a big fall, more than what we expected it to. Today we can see a see-saw movement.

Calls for today: Buy

• at 11826 levels
• Market reverses and moves upwards above 11910

Sell

• If market fails to move above 60 min 9 period EMA, then short at the first instance of the 15 min 9 period EMA.

Once the candle looks this big, a reversal is rare and only for punters. We dont expect the trend to reverse unless the 20 period daily EMA is broken.