Nifty looks falling knife again Short

Nifty 50 IndexNSE

Description

⋅ Jan 6, 2017 3:00 PM

Falling knife again?

Hi All,

Algo Trading and Options Chain suggesting NIFTY has downward area open.
Levels derived for NIFTY17JANFUT are as below.

R1 :: 8278-74
S1 :: 8252
S2 :: 8208-04

Comment

⋅ Jan 9, 2017 4:57 AM

In-line with idea.. as derived and expected