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rsi and price divergence seen here indicating profit booking.
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15 minute chart divergence is clearly visible
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slowly coming down
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bek=low 2056 target 1972. this is the power of divergence, it takes time
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@venkat8, see the chart , if it doesnot cross 2156 to 2165 in first 45 minutes and starts trading belw the you can go short and can expect around 40 to 50 points down
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if you know how to take short position and when to take short position that becomes easy. intraday trading is an art and one should apply their full knowledge of price action. ATR will help you to keep stoplosses
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