Just a thought - Its Correction time for NIFTY

NSE:NIFTY   Nifty 50 Index
178 6 7
Just a thought - Its Correction time for NIFTY

Going to short 3 Lots and will take a risk.
Entry 1 @ 8420 - Tgt             8320
Entry 2 @ 8440 - tgt             8340
Entry 3 @ 8460 - tgt             8260

I'm learning something, not sure if its going to work, but i'm going to apply it on MONDAY. Hoping for the best
Thanks for update
Thanks for update
Saar future @8377 so trade accordingly so be cautious @ resistance
jackson_philips ASKSANTHOSHPM
Yes 8377 is a good point to be cautious about, however, my logic is that the markets have been raging up for the past 4-5 days and before it drops down, it will spike up a bit and then fall.. atleast that's what I think.
+1 Reply
Good but let it cross 8377 and will wait for any decision on monday
jackson_philips ASKSANTHOSHPM
That's one thing which i'm kinda getting confused about now.
If we are trading in NIFTY FUTURES, don't we have to look at those numbers instead of the INDEX

All our Tech analysis and Gann Crap is based on what Humans Do.

So if we are trading NIFTY FUTURES, then at this point of time I think I'll look at NIFTY FUTURES Numbers instead of Index.
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