Today’s (Tue 11 July) summary is captured in the chart and is self explanatory.
We shorted at 9809, going forward the stop-loss for this is 9830 Nifty Spot. Overall the medium term target is 9460 Nifty Spot, but as we are trading short term waves, we will be tracking it closely and exit as and when this short term wave ends, (and will ride the next one!).
When will this end? I cant answer immediately, but will let you know several minutes before it ends.
We shorted at 9809, going forward the stop-loss for this is 9830 Nifty Spot. Overall the medium term target is 9460 Nifty Spot, but as we are trading short term waves, we will be tracking it closely and exit as and when this short term wave ends, (and will ride the next one!).
When will this end? I cant answer immediately, but will let you know several minutes before it ends.
Comment:
Continue to hold....Nifty to go down from here,
Comment:
This downmove shortwave can end only tomorrow. Please maintain TSL at 9820 NS.
Comment:
Please carry forward. Nifty though sideways so far, can fall in the last leg tomorrow. But if 9820 NS hits we will exit, thats a strict stoploss.
