Nifty trend

[Capricorn]

Squeeze in progress. Above 5530 we see 5570 , 5630

 

[timepass]

Squeeze in progress. Above 5530 we see 5570 , 5630

Who is squeezing whom? or what is squeezing what? I guess it has something to do with bulls & bears

 

[Capricorn]

Who is squeezing whom? or what is squeezing what? I guess it has something to do with bulls & bears

Oh yes, its called a short squeeze.

http://www.investopedia.com/terms/s/shortsqueeze.asp

 

[Capricorn]

If 5630 gets taken out , expect huge Short covering.

 

[Capricorn]

5400-5630...

Wait for a break.

Trade well.

 

[Vector]

Short below 5400???? expected tgt?

 

[rrmhatre72]

5400-5630...

Wait for a break.

Trade well.

Dear Capricorn,

Your message box is full hence unable to send you PM.
Pls make some space......

 

[Capricorn]

Wait for the trendline to break , before shorting.

 

[vinst]

Wait for the trendline to break , before shorting.

Is that nifty weekly?

We can short till it comes close to TL, isn't it?

 

[Capricorn]

Is that nifty weekly?

We can short till it comes close to TL, isn't it?

Yes to the first, Switch to intra day timeframes for the second.