Day's Game Plan

What happened?

# Balanced market
# Just played the range 6010 - 6070
# Range extended Downside not much like before.
# Value migration lower.
# Edge of Bigger range.
# Long liquidation with conviction.


What likely?

# Fear going to rise at highs.
# Bounce likely if yesterday's low holds & will be used to liquidate Long's
# Positional swing of 400 points possible from current level (6400 or 5600).
# Low volatile Friday.
# 6039 likely to play important role today.

Pre Open Take :

Try Long around 6040 with strict sl 6025 look for 6070/77 to close the same .

Happy trading !!

Regards

Jay