Trendshikari DTS - Short Tip

Short @ 8344.85 Stop @ 8361.6 Target @ 8314

Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script. Rules for trading this Indicator is published here -

Performance results for Sep 2016 published here -

Trading this system would be a matter of your sole educated discretion and I shall not be responsible for any possible loss that you may incur trading this system.

Comment:

You may also short if Nifty rises high touches 8384.95 and bounces back below 8376.55 with Stop @ 8393.35 Target @ 8355

Comment:

Markets moving high but my bets are still on the short side. You may short if Nifty rises high touches 8416.7 and bounces back below 8408.2 with Stop @ 8425.1 Target @ 8386

Trade active:

@ 8408.2

Trade closed: stop reached

Comment:

Short again @ 8408.2

Comment:

Stop @ 8438.35 Target @ 8386

Trade active

Comment:

If target hits exit and Short again below 8376.55 with Stop @ 8393.35 Target @ 8355

Comment:

If it keeps falling down then next short re entry after Target @ 8355 should be at 8344.85 Stop @ 8361.6 Target @ 8314

Trade closed: stop reached

Comment:

Short @ 8439.95 Stop @ 8456.85 Target @ 8418

Trade active

Trade closed: stop reached

Comment:

Short @ 8439.95 Stop @ 8456.85 Target @ 8418

Trade active

Comment:

Next entry @ 8408.2 with Stop @ 8425.1 Target @ 8386

Trade closed: target reached:

@ 8418 Now wait for next re entry mentioned above

Trade active:

@ 8408.2

Comment:

Next short re entry level to watch 8376.55 with Stop @ 8393.35 Target @ 8355

Trade closed: stop reached