Thursday, November 07, 2013

Nifty Chart

Position : Short [75% completed]

Nifty Trade Support 6209-6200 Resistance 6228-6233
Nifty Trend Support 6184-6178 Resistance 6259-6266

Around trend support cover 50% short. and wait for the rise to short again
possible to get the 6300+ again to short

Trend +ve/momentum-ve

OBZ indicators are cooling slowly towards OSZ.  Wait and watch
for the rise, it will create lower top to short again

Keep same sl 6350 on closing basis [still 6342 is the high, that day also
closed at 6317]

Keep on profit booking at every high and peak.

Closing basis 6228 is very important now to move further in +ve side.

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