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.
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You may also short if Nifty rises high touches 8384.95 and bounces back below 8376.55 with Stop @ 8393.35 Target @ 8355
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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
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@ 8408.2
Trade closed: stop reached
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Short again @ 8408.2
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Stop @ 8438.35 Target @ 8386
Trade active
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Comment
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If target hits exit and Short again below 8376.55 with Stop @ 8393.35 Target @ 8355
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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
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Comment
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Short @ 8439.95 Stop @ 8456.85 Target @ 8418
Trade active
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Trade closed: stop reached
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Comment
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Short @ 8439.95 Stop @ 8456.85 Target @ 8418
Trade active
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Comment
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Next entry @ 8408.2 with Stop @ 8425.1 Target @ 8386
Trade closed: target reached
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@ 8418 Now wait for next re entry mentioned above
Trade active
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@ 8408.2
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Next short re entry level to watch 8376.55 with Stop @ 8393.35 Target @ 8355