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thechama3
Mar 18, 2019 1:47 PM

INDECISION IN NIFTY || A DOWNWARD MOVE ON THE CARDS! Short

Nifty 50 IndexNSE

Description

We got a doji pattern on the nifty charts (daily) which indicates indecisiveness on the parts of the bulls and the bears and which indicates the present trend might take a breather. So it would be a good idea to sell on rise with SL of 11540 and targets of 11410/11350 for the short term.

All levels are Cash levels.

Comment

Did give a dip but bounced back to hit the SL and close at the high of the day. Made marginal money.
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