Re: Above bounce back level nifty remains strong
Sir mi mininifty short keli aahe 4238 var kay karu please reply
hari om dear friends
nifty futures bounce back level of 4184 was mentioned earlier.
If nifty futures trades above the bounce back zone then exit short.
Selling nifty at 4170 was a bad idea. Because nifty futures had already made a day low of 4155.
Last support for nifty futures mentioned was 4144 - 4139.
So if nifty futures is trading above the last support region of 4144 and if you go short at 4170 then your stop loss should be placed above the bounce back region of 4184
regards,
nishikant k. Hadge
nifty futures bounce back level of 4184 was mentioned earlier.
If nifty futures trades above the bounce back zone then exit short.
Selling nifty at 4170 was a bad idea. Because nifty futures had already made a day low of 4155.
Last support for nifty futures mentioned was 4144 - 4139.
So if nifty futures is trading above the last support region of 4144 and if you go short at 4170 then your stop loss should be placed above the bounce back region of 4184
regards,
nishikant k. Hadge