08
Midweek Watch 9/08 - $FIVEMY LEVEL: 178.20
Why: Quarterly pivot, prior low at this spot, will look to scoop long if flushes down
Midweek Watch 9/08 - $BGFVMY LEVEL: 26.20
WHY: Annual Pivot, Quarterly Pivot. Been tracking since Thursday/Friday of last week.
Midweek Watch 9/08 - $SONO Has Confluence of IndicatorsMY LEVEL: 37.10
WHY: Annul pivot Quarterly pivot, 126 SMA, Previous Low
Midweek Watch 9/08 - $CPRI Could provide Nice Long Opportunity
MY LEVEL: 54.50
WHY: Lines up with Prior low and 126 Day Moving Average
Midweek Watch 9/08 - $KSS Looking for Reversal in a Weak SectorMY LEVEL: 51.90
Why: 200d, Prior Support. Looking for a reversal in a weak sector
Midweek Watch 9/08 - $CLF Holding the 50D really wellMY LEVEL: 22.75
WHY: Annual Pivot, Holding the 50d. Not a huge ATR but it’s got a nice risk-reward
Shorts for 17-08-2017We will be looking for shorting chances in nifty for 17-08-2017
If one gets sign of reversal near 9940, a short can be taken with a target around 9880
If reversal is seen near 9915 , short can be ,made with target around 9860.
If market does not give a sign a reversal trades shall be avoided, do not trade without a sign a reversal.
