subravi

Nifty 15197 - Our trading strategy

Short
NSE:NIFTY   Nifty 50 Index
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2
Nifty 15197 - Nifty has strong resistance at 15286-15316. Bearish below 15286.
Trade active: As suggested 15286 worked as a good a resistance. Nifty open at 15293 and has fallen to 15252. Sellers are active in 15173 - 15293 region suggests Nifty have more possibility to fall below this zone around to 15145 to for fresh buying
Trade active: Nifty 15230 @11:18 - First gain of 40 points for the short initiated at 15270
Trade active: Nifty 15236 - Trailing Resistance 15254 - Target 15216.
Trade active: Nifty 15214 - Target achieved for the short initiated at 15256. Gain of next 40 points.
Trade active: Nifty 15201 - Trailing resistance at 15228.
Trade active: Nifty 15204 Nifty tested near resistance 15222 . Trade initiated.

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