Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script. Rules for trading this Indicator is published here - Performance results for Sep 2016 published here - Trading this system would be a matter of your sole educated discretion and I shall not be responsible for any possible loss that you may incur trading this system.
Note
You may also short if Nifty rises high touches 8384.95 and bounces back below 8376.55 with Stop @ 8393.35 Target @ 8355
Note
Markets moving high but my bets are still on the short side. You may short if Nifty rises high touches 8416.7 and bounces back below 8408.2 with Stop @ 8425.1 Target @ 8386
Trade active
@ 8408.2
Trade closed: stop reached
Note
Short again @ 8408.2
Note
Stop @ 8438.35 Target @ 8386
Trade active
Note
If target hits exit and Short again below 8376.55 with Stop @ 8393.35 Target @ 8355
Note
If it keeps falling down then next short re entry after Target @ 8355 should be at 8344.85 Stop @ 8361.6 Target @ 8314
Trade closed: stop reached
Note
Short @ 8439.95 Stop @ 8456.85 Target @ 8418
Trade active
Trade closed: stop reached
Note
Short @ 8439.95 Stop @ 8456.85 Target @ 8418
Trade active
Note
Next entry @ 8408.2 with Stop @ 8425.1 Target @ 8386
Trade closed: target reached
@ 8418 Now wait for next re entry mentioned above
Trade active
@ 8408.2
Note
Next short re entry level to watch 8376.55 with Stop @ 8393.35 Target @ 8355
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