Description
⋅ Short nifty for targets 11880 by this weekly expiry.
Global cues & weak economical data should let nifty below 11900.
Comment
⋅ Nifty touched 11940 .
If nifty holds above 12000 then this idea invalidates.Exit positions.
Trade closed manually
⋅ Rbi decision no rate cut still no profit booking seen. Nifty will go down before next thursday.
closing this idea
Trade closed: target reached
⋅ Nifty touched 11900.
Target achieved.