Just a thought - Its Correction time for NIFTY Short

Nifty 50 IndexNSE

Description

⋅ Jul 3, 2016 1:47 AM

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

NIFTY

Comments

DebuRoy

⋅ Jul 3, 2016 8:19 AM

Thanks for update

DebuRoy

⋅ Jul 3, 2016 8:18 AM

Thanks for update

ASKSANTHOSHPM

⋅ Jul 3, 2016 3:27 AM

Saar future @8377 so trade accordingly so be cautious @ resistance

jackson_philips

⋅ Jul 3, 2016 3:41 AM

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.

ASKSANTHOSHPM

⋅ Jul 3, 2016 3:17 AM

Good but let it cross 8377 and will wait for any decision on monday

jackson_philips

⋅ Jul 3, 2016 3:21 AM

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.