Nifty Futures Trading

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Re: Time to Stick my Neck Out ,Nifty 7300

Going short below day's low. Market breaking 78% retracement on spot (~4684) for the january pullback.
Will target 4620-30 on Spot. To maintain its 60-min uptrend, market should not go below it. To close inside the weekly low, we need to close above this level today.
 
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Re: Time to Stick my Neck Out ,Nifty 7300

Going short below day's low. Market breaking 78% retracement on spot (~4684) for the january pullback.
Will target 4620-30 on Spot. To maintain its 60-min uptrend, market should not go below it. To close inside the weekly low, we need not not close below this level today.
Short now @4678.
 
Re: Time to Stick my Neck Out ,Nifty 7300

On Daily charts, it's the retest of january low on Sensex. If not able to breach the high of today, a bigger fall may be lurking around the corner.
 
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