Monday, March 15, 2010

Trade Update… Nifty Short

Friday at 1:45pm I suggested to short Nifty when it was trading near 5140… this was the call

Sell NIFTY Target 5110-5108

http://dhanvarshagrp.blogspot.com/2010/03/sell-nifty-target-5110-5108.html

..and see the today’s low… 5105.50 and a strong bounce back… did it go down further?

So now what? Short again on a break of 5125 if it trade below 5110 for 5-10mins and look for 5096-5090-5040 within couple of days.. max by this Thursday.

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