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surya89trade
Jul 24, 2017 5:33 AM

NIFTY: A 5 digit July Expiry - Next Leg of BULL CHARGE  Long

Nifty 50 IndexNSE

Description

With market firmly holding above 9920 (previous high) this Monday morning & market factors like speculative P-Notes derivative positions can't be rolled over .... Looks like there would be a short squeeze in under-performing sectors like IT & Pharma , taking markets comfortably above 10000 this expiry.

Trade active

Positional Long at 9940 for a target of 10050 - July expiry futures

Stop hourly close below 9900

Trade active

Rolled Stop to 9980 ... 10100 on cards tomorrow expiry

Trade closed: target reached

Exited at 10100 ...
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