Ticker

Tuesday, January 7, 2014

NIFTY



The strategy for going short on NIFTY is working fine. Yesterday we have seen a divergence in weekly chart of NIFTY. The first target was 6150. It came down to 6172.65, in intraday. Now we have to take positions on every signal as NIFTY is maintaining the level
below our star level 6240. And Stop Loss is also at minimal. Like we have mentioned earlier, close below 6150, the weakness will deepen to touch 6000, a strong support zone.



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