Fading Gap up, intraday traders may initiate shorts at open to cover EOD.
Expect a gap up open for Indian markets and the nifty may lose opening gains gradually as the trade progresses. The intra-day traders may initiate ‘shorts’ at open itself to cover at EOD.
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Investment in stock markets is very risky(so it is always better to advise others than trading own). Any analysis is not 100% accurate and for best results, always check charts (?) before investing or trading. No responsibility is assumed for any adverse consequence resulting out of acting on them. Lastly, the blogger may have positions (opposite too) in the trades mentioned in this blog.
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