[sharetrading] NIFTY

 

As mentioned earlier, NIFTY downside seems to be limited to FUT 4635 or so. In the market place nothing is sacrosanct. But normally big falls after many falls normally signals the end of the fall as the fear factor is maximum…….

Pivot daily – 4740.

Though none of the indicators are giving a signal, they show reduced movements for the kind of fall seen.

Nifty SPOT will be out of danger only if 4845 is cleared……… in LONG direction. Till then one should short into all kinds of rise reversals……

Keep that as SL and enjoy shorting.

Abe

 

__._,_.___

Reply to sender | Reply to group

Messages in this topic (155)

Recent Activity:

• New Members 21

Visit Your Group Start a New Topic

Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___